KAR 2.10% $1.40 karoon energy ltd

KAR is not something you want to touch at the moment, look at...

  1. 86 Posts.
    KAR is not something you want to touch at the moment, look at slow stoch, it has become resistance, DMI and ADX indicate extreme strong downtrend. 61.8% retracement of 7.51 has been broken and it's now below EMA 200, it's heading below $7, expect to see $6.88, generally there's a tecnical rebound at the 50% retracement level, if not, I am sorry, $5.64 comes next.

    Don't buy in or top up at the moment, it's not the right time as yet, it's way too bearish.



 
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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