Technicals look very positive for this one - bullish cross of the 20 day MA up over both the 50 day MA and the 200 day MA.
Good price action from KCN today.
The positive announcement helped.
Now, if the gold price would just head north this one is pumped, ready and primed to run.
I hold KCN, having entered this one only recently on the strength of the above and on the view that the POG is gearing up for a very solid run north in the not too distant future.
It's in gold stocks like KCN and NEM where the 'safe' big money will be made when gold takes off.
Forget the golden tiddlywinkers, I reckon - the big money will be going into the quality end (and there is lots and lots of fund money sloshing around ... and i mean 'lots' !)
Technicals look very positive for this one - bullish cross of...
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Last
$1.65 |
Change
0.070(4.43%) |
Mkt cap ! $425.2M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.68 | $1.62 | $858.1K | 520.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8431 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 45705 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |