KGN 0.00% $4.17 kogan.com ltd

The last week's action has extended a gradually ascending...

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    The last week's action has extended a gradually ascending channel - if one takes the big red candlestick on November 21 and adds an 11-degree angle to the daily high/low. Slow and steady:

    https://hotcopper.com.au/data/attachments/1872/1872830-04144eab279414d115d9f2e0c2916140.jpg

    Ever since mid-October, the daily candlesticks have maintained comfortable parallels with the 50- and 200-day moving averages (blue and pink lines respectively). All in a positive, steady direction that's reinforced with positive business announcements in the last few weeks:

    https://hotcopper.com.au/data/attachments/1872/1872834-35fe0b4e31a79f8c0475dd2fc2e71a26.jpg
 
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