KGN 1.15% $5.15 kogan.com ltd

Kogan inversion, page-15

  1. 6,316 Posts.
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    Looks like profit taking hitting stop losses to me. And pretty impressive profits at that, so I don't blame anybody for that!

    Should get a trading update next week with that all-important sales growth number. That will be key to whether this retrace turns around back into an uptrend or not. I'm tempted to sell and buy back in lower, but if that trading update is above expectations I might be caught out.
 
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