KAR 4.92% $1.92 karoon energy ltd

smill Its more like what we saw between June and August 2008...

  1. 374 Posts.
    smill

    Its more like what we saw between June and August 2008 where it failed to break the $5 top then broke through the first line of support at $3.50 then found secondary support at $1.70.

    Thats what I call a classic double top.

    However if KAR breaks $7 on the weekly chart the target price is $4.50 technically speaking.
 
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