The last week's price action has witnessed a short-term upside reversal, along with these price milestones:
Highest daily close since August 2018:
Highest weekly volume in 7 weeks:
Firm bounce off the 50-day moving average (yellow line):
@Rossi70 - I'm not sure what will happen next, but the above might give more confidence to some bullish buyers. On the other hand, the recent rise has come off no news, which feels a tad suspicious.
@ryanmcc - I fired up a 5-minute chart for Thursday's big rise. It seems to have shot up for the first two hours, but things consolidated after that. Still not sure why it happened though.
KGN Charts, page-28
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 (20min delay)
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Last
$4.20 |
Change
0.025(0.60%) |
Mkt cap ! $420.4M | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.24 | $4.12 | $681.2K | 163.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1895 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 12867 | 6 |
View Market Depth
| Last trade - 10.37am 28/06/2024 (20 minute delay) ? |
| KGN (ASX) Chart |