KCN 3.32% $1.40 kingsgate consolidated limited.

time for a chart anyone?A picture only a mother would...

  1. 728 Posts.
    lightbulb Created with Sketch. 155
    time for a chart anyone?

    A picture only a mother would love....

    Price is hanging on to support around $1.50 for dear life and has thrown up a sell signal

    Averages negative - the 20 has just dropped below the 50

    MACD has just gone negative

    RSI bouncing along near 30

    And yet....

    volume moving up nicely and I find the fact that support has come in strongly around 150 over the last week as encouraging. Looking like it could be around the swing low part of the cycle and we could well lift from here....

    the deluded logic of a tragic bull....

    good luck

    Wazz





    https://hotcopper.com.au/data/attachments/6343/6343475-64f7cd5172bd1ac3932303d317870f8f.jpg
 
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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