KAR 1.56% $1.89 karoon energy ltd

my take on kar chart, page-17

  1. 846 Posts.
    Bloody Daylight Savings!!!

    Interesting.... once again we hit support when we get down into that 2.67 bracket, hence closing off lows just below middle of the bar.
    Admittedly it doesn't seem overly convincing but that's the 23rd & 27th Sep we found support at the 2.67 & on the 29th it only got as low as the 2.70 before it was too good to refuse.

    Today is the lowest volume of all those 2.67's mentioned also. That's a good sign! Fewer & fewer people willing to get out down this low.

    Great to see it get up off it's lows for close!

    On the 26th Sep we got down as far as 2.60 with 1.145m in volume, & the next day we were up. There was obviously alot of buying going on in that volume. Not huge but still a good sign IMO.
 
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$1.89
Change
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$1.90 $1.91 $1.87 $7.713M 4.081M

Buyers (Bids)

No. Vol. Price($)
1 4065 $1.89
 

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Price($) Vol. No.
$1.90 54023 5
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KAR (ASX) Chart
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