KGN 1.29% $4.20 kogan.com ltd

After reaching an all-time high (25.57) in October, the current...

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    After reaching an all-time high (25.57) in October, the current reversal has seen KGN break under the September support line of 18.32 about a fortnight ago (S1).

    In the last week, KGN has crashed further, with a test of the July support line of around 16.00 (S2).

    On top of this, it is also testing its 200-day Exponential Moving Average (yellow line).

    Do bad things come in threes - or is it third time lucky?

    https://hotcopper.com.au/data/attachments/2692/2692089-0c425ecf7b70dd6488f27b1bf3877fd1.jpg
 
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