KEY 0.00% 0.1¢ key petroleum limited

Lovely jubly...Gap filled for the nong-heads.Intra-day volumes...

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Lovely jubly...

    Gap filled for the nong-heads.

    Intra-day volumes lowest yet, so very close to the physical bottom of this cycle...whilst the underlying "sentiment bottom" happened yesterday!

    Risk reward ratio dictates poor returns selling below current levels...and whilst this will not prevent it, it will greatly limit the volumes.

    KEY is a tight ship, so the usual "signs" of insider movements do not tend to flag warnings here...rather we get flat trading...lower volumes...reduced interest...THEN BANG, trading halt!

    This has been the pattern with all previous rises of late, which is why the chart template for this stock is somewhat unique, with steep event driven rises, and low ratio consolidation declines, symptomatic of little or no insider activity.

    Perfect investment characteristics, as it makes it hard for the traders to catch it!

    Cheers!
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.