This was a technical analysis and is just a snapshot of the order book volatility seen on a chart. Fundamental analysis trumps TA long term as it is not a predictive asset.
I agree, the fundamentals seen for KP2 indicate a positive trend. My write up was not to invoke a price prediction, but rather to point out data trends with no bias.
I’m drawing on data within 12 months so you’re BHP comparison is a little far fetched.
It is what it is, I can’t help what the chart shows. Liquidity of order books often tell a story for short term intentions. I apologise if I hit a nerve.
KP2 Price at posting:
2.3¢ Sentiment: None Disclosure: Held
