When the %K Stochastic crosses over and moves above the %D Stochastic, the interpretation is that the market rate is gaining at a faster rate than the average represented by the %D Stochastic.
This increase in price strength is considered a buy signal which happened 4th May 2018 and the SP has been rising each day since. Next resistance is 9.9¢ which I can see being broken out of tomorrow.
Once the MACD crosses which I am hoping will happen tomorrow unless some unforeseen thing happens then KRC will be heading for the 10.5¢ mark by Friday.
Once again these are my own interpretations and not to be taken as financial advice.
Good luck to all holders.
Chart 08/05/2018
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 (20min delay)
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $49.8K | 5.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 14647500 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 17885 | 1 |
View Market Depth
| Last trade - 15.37pm 07/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
-0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 55750 | ||
| Last updated 15.08pm 07/05/2024 ? | |||||
| KRR (ASX) Chart |