As most of you know I am here for a substantial re-rating of KCN once a settlement is reached, which seems likely,
or an award is announced by the Tribunal. I'm looking for $5 plus per share and I acknowledge that maybe that is too
modest given the scolding that I just received from Love God
I also look at TA although not on a one minute basis which seems to be the priority of some who post here (NB that is
not a criticism of short term traders - just an observation). The move up since late November 2020 seems to indicate that the
correction is over and has been limited to a low of 66 cents.
I'm looking at a three year chart and it seems to me that this move down from $1.15 to 66 cents is just short of a 50% retracement of the move up from 14 cents (Feb 2019) to $1.15 (Sept 2020). This is a normal and healthy retracement of action in KCN.
I'd expect that the $1.15 high will be taken out soon.
Cheers
- Forums
- ASX - By Stock
- KCN
- Kcn thoughts
Kcn thoughts, page-56
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
|
|||||
Last
$1.33 |
Change
0.045(3.50%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
$1.29 | $1.33 | $1.27 | $644.4K | 495.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13026 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 2996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13026 | 1.315 |
1 | 4244 | 1.310 |
1 | 28000 | 1.300 |
2 | 21079 | 1.285 |
2 | 19055 | 1.270 |
Price($) | Vol. | No. |
---|---|---|
1.330 | 2996 | 1 |
1.340 | 4244 | 1 |
1.345 | 4244 | 1 |
1.390 | 1880 | 1 |
1.400 | 2250 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |