KAR 3.61% $1.72 karoon energy ltd

black swan chart

  1. 25,374 Posts.
    lightbulb Created with Sketch. 3
    Hey are you setting me up or what ? lol
    seems you have a good grasp on this stocks trading patterns and fundamentals.Bot trades are also disconcerting...

    Anyway its actually quite TA compliant to date
    unfortunately it has just left its first gap to date
    and todays volumes just dont have enough momentum to have a crack at the 434 resistance.. This would be a pennant break out point...It has run well and is overbought atm and one would have expected more sideways accumulation than todays rise..so its back to your Fundamental speculation to fathom that one out..I know SFA

    worst case is a retrace to 390 however a tight trailing stoploss close to the 405 fib would be worth considering imo

    So to summarise my chart view was it should not have risen today and I was wrong...you can Take this chart with a dose of salts...lol
    Jokes aside let it run but use a sensible stoploss...

    other chartists help or views would be nice...
    My last sell trigger is the broken vertical line ??


 
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Last
$1.72
Change
0.060(3.61%)
Mkt cap ! $1.378B
Open High Low Value Volume
$1.67 $1.73 $1.67 $18.60M 10.89M

Buyers (Bids)

No. Vol. Price($)
3 48682 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.73 130076 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
KAR (ASX) Chart
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