On fridays close we saw the price line breach the lower UPPER trendline depending on where chartists have drawn their lower trendline.....at this point would be where punters took their exit strategies.....
On my personal charting system, when the share price at 18.5c was taken out, it triggered a sell from the previous run up....the shareprice closed below this trendline at 18c on friday......... this is a crutial point as it needs to close above 18.5c on monday to show a reversal....if the shareprice dosent get back over 18.5c on monday we should see it drift lower.......anyway thats my take on things.....other chartists welcome to comment.......cheers JAM
my view on current shareprice
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.072M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 87354 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 554468 | 1 |
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| Last trade - 07.00am 20/06/2024 (20 minute delay) ? |
| KAL (ASX) Chart |
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