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Rossi70

4,046 Posts.

1374

13/10/19

15:14

Post #: 40857883
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Originally posted by Michael2: ↑

The last week's price action has seen the reversal of a rally that began on the 30th of September. Back then, the price was about $6.00, and climbed by over 10% to close at $6.68 last Tuesday. But come Friday, the price closed back at $6.06, off noticeably higher volumes:

Zooming out a bit, there exists something of a triple bottom around $6.00; while falling a few times during intraday trading, daily closes have remained above 6 bucks for a good 6 weeks now:

For those who like to buy and hold, the 200-day moving average may reach $5.00 in the next few days - it hasn't been this high since early March:

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Hi Michael2,

You mentioned above, Triple Bottom.

Just wondering what happens next.

Does the price go down or does it go up.

Thanks In Advance.

Regards

Rossi70

KGN Price at posting: $6.06 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last $4.45		Change 0.030(0.68%)		Mkt cap ! $448.6M

Open	High	Low	Value	Volume
$4.40	$4.49	$4.38	$1.221M	274.9K

Buyers (Bids)

No.	Vol.	Price($)
2	1388	$4.43

Sellers (Offers)

Price($)	Vol.	No.
$4.46	711	1

View Market Depth

No.	Vol.	Price($)
2	1388	4.430
4	2585	4.420
2	2235	4.410
8	14385	4.400
2	2235	4.390

Price($)	Vol.	No.
4.460	711	1
4.470	1859	2
4.480	8586	5
4.490	5843	6
4.500	5445	10

Last trade - 16.10pm 12/06/2024 (20 minute delay)


Last $4.45			Change 0.030 ( 0.48 %)
Open	High		Low	Volume
$4.41	$4.48		$4.40	89893
Last updated 15.59pm 12/06/2024 ?

KGN (ASX) Chart

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