Liking this chart more and more....
I have added a channel from around 1 April showing the upward P trend and why $1.71 is the new support level. I have also added The Don's new resistance line of $1.88.
supporting the rising channel is buying support whenever RSI drops to 50, we see new buyers coming in and the MA's ( 21,50,200 days) are all in the right sequence, are positive sloping and thus are 3M compliant.
While we have sell signals on RSI (dropped below 50) and MACD, these are secondary to the other indicators at present.
All looking good for another assault on resistance line of 188 next week.
Happy days
Wazz
Liking this chart more and more....I have added a channel from...
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Last
$1.60 |
Change
0.040(2.56%) |
Mkt cap ! $408.5M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.61 | $1.52 | $789.1K | 500.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 17444 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |