In tonights episode of charliekane drawing lines on a chart....
I was watching the price nudge my fancy diagonal line (4.7-4.8) earlier this week thinking I should exit and buy back in on the dip, but was being stubborn (hopeful?) since it had exceeded the 4.4 resistance that it might take a run to what I had seen as the next resistance at 5.1c
What I missed was the previous support line of 4.8c (the major dead cat bounce early July) which became a resistance line, intersecting perfectly with the rising trend line
Ah well, live and learn, I'm still in the green on KAI, and while the rest of the market took a giant dump today we closed at a steady price
As always, I invite those more educated in TA to weigh in on my observations
In tonights episode of charliekane drawing lines on a chart....I...
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Last
0.9¢ |
Change
-0.001(5.26%) |
Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $17.28K | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1942949 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3334130 | 12 |
View Market Depth
| Last trade - 13.44pm 05/07/2024 (20 minute delay) ? |
| KAI (ASX) Chart |