Interesting question - not sure of the answer, but one guess is profit taking following the late December Santa rally.
Looking at historical prices, I pulled out the daily charts for December/January period over the last 4 years. There's something of a consistent pattern.
Back in January 2017, there was a parabolic rise, but this was the exception. For each year since then, KGN has opened the new year with a pullback:
2016-17 - back when it was under $2
2017-18 - flirting with $7
2018-19 - down to $3-$4 range
2019-20 - exploring $7 and beyond
- Forums
- ASX - By Stock
- KGN Charts
Interesting question - not sure of the answer, but one guess is...
-
-
- There are more pages in this discussion • 1,699 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGN (ASX) to my watchlist
|
|||||
Last
$4.10 |
Change
-0.050(1.20%) |
Mkt cap ! $412.5M |
Open | High | Low | Value | Volume |
$4.11 | $4.12 | $3.98 | $4.383M | 1.082M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6130 | $4.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.11 | 5126 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6130 | 4.070 |
3 | 19780 | 4.060 |
2 | 8780 | 4.050 |
2 | 10030 | 4.040 |
1 | 6130 | 4.030 |
Price($) | Vol. | No. |
---|---|---|
4.110 | 5126 | 3 |
4.120 | 24196 | 2 |
4.130 | 7504 | 3 |
4.140 | 776 | 1 |
4.150 | 801 | 2 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
KGN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online