KGN 0.24% $4.23 kogan.com ltd

KGN Charts, page-7

  1. 250 Posts.
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    The monthly chart shows that KGN has punched through its 20-month moving average, after a year or so of being underwater. The stock has recovered from its 50% drop from October 2018:

    https://hotcopper.com.au/data/attachments/1710/1710481-84ec300db92ff3be4eb273411fc19b08.jpg

    The daily price action shows a notable rise in the 30-day moving average over the last fortnight. For those who like trigonometry, the 30MA is rising at 52 degrees, which is roughly in-between the 33- and 68-degree rises that took place during April and May:

    https://hotcopper.com.au/data/attachments/1710/1710482-c4aca87739f4eb5ddbaf83210b541e53.jpg

    Another recent feature is Thursday's break through a double top, noting that the RSI is in the high 60s:

    https://hotcopper.com.au/data/attachments/1710/1710486-50fe2cbe53286463c9e6066565162ff8.jpg
 
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