KP2 been very sleepy of late, however there looks to be signs of life...
Over on the LSE it's clear where the value zone is and each time the sp has dipped below buyers have stepped in.
Momentum starting to swing and would like to see a break on the POC at $1.11 till I start to get too excited...
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Back here on the ASX and it's been a slow and very boring decline.
As you can see there has been less and less volume on the latest drift down so there comes a time when not even the MM can accumulate or profit so there's only one thing left to do
Would also like to see momentum followed through on the ASX with a break past 1.9-2.0 region to begin with the excitement.
Quite a bit of resistance from 1.8-2.3 but if we see a break past that region then we may be looking at a fill on the very obvious and very open upper gap at 3.2.
As I said, 'signs of life' but will want some more convincing price action before I crack the champagne...
DYOR
GLTAH
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