KDY 0.00% 2.7¢ kaddy limited

DW8 Chart, page-260

  1. 380 Posts.
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    https://hotcopper.com.au/data/attachments/3515/3515482-d9fa8f22ccfeedd465da1031ef06b56b.jpg
    Re-drawing the upwards sloping trend line to when the growth trajectory/trend in the business 'really' started. The trend line is correlated to growth trends, so it would make sense for it to begin where growth really started to be noticed.

    Assuming this new line is correct, and it seems to be validated by a few inflection points so far; then the dip @ 6c represented a great reversal/ purchase point- within a technical setting. So many confluent factors for that purchase- 30's RSI, bottom of the falling wedge, bottom of the trend line, divergence in MFI, and 30 day highest volume. Cautiously expecting green.
 
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