KGN 1.15% $4.41 kogan.com ltd

Last week's action saw 5 consecutive green candles to arrest the...

  1. 250 Posts.
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    Last week's action saw 5 consecutive green candles to arrest the previous 3-day decline (from the week before that). Upper shadows on Monday, Thursday, and Friday, have been rather high, however. Friday's flirted with an the existing resistance line of $6.50, but reached $6.48 before slipping down to $6.30.

    https://hotcopper.com.au/data/attachments/1757/1757336-e54ab3830d577b4b087636c9a612c723.jpg

    The weekly chart is suggesting support at $6.00, being a much healthier position than the $4.90 mark during July-August:

    https://hotcopper.com.au/data/attachments/1757/1757338-dd90434e0ed70f5b81bf7caea0fef791.jpg

    The monthly chart suggests a steady ascending trend for the last 12 months:

    https://hotcopper.com.au/data/attachments/1757/1757342-0866a7bf558c7dcadeb2b54727e02985.jpg
 
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