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.
that long wick candle seen on wednesday's price action...
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 (20min delay)
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Last
$4.90 |
Change
0.020(0.41%) |
Mkt cap ! $489.6M | |||
| Open | High | Low | Value | Volume |
| $4.89 | $4.97 | $4.88 | $716.2K | 145.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 1452 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KGN (ASX) Chart |