that long wick candle seen on wednesday's price action looks like the true bottom, the next 2 days of trade was followed by strong bullish momentum closing on a 3 week high. Basic technical analysis looks like momentum will continue, furthermore sellers and buyers are slowly levelling out in market depth. Futures pointing to some 40 points lower last i checked, if price action can stay stable in tomorrows trade, i think bullish momentum should continue.
KGN Charts, page-215
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 (20min delay)
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Last
$4.32 |
Change
-0.200(4.42%) |
Mkt cap ! $434.6M | |||
| Open | High | Low | Value | Volume |
| $4.41 | $4.45 | $4.32 | $2.671M | 610.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5046 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 2308 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| KGN (ASX) Chart |