KAL 0.00% 2.6¢ kalgoorlie gold mining limited

My fellow traders kal has entered into a holding pattern between...

  1. 13,576 Posts.
    My fellow traders kal has entered into a holding pattern between .195 and .26..the spread of the last 14 days and the deminishing volume..has me convinced we r in a text book rectangle formation...the mostly predictable pattern has shown us today that we have hit rock bottom....we should expect in the next 5 days a retest of .26 a slight pull back and then the major break.....it seems to me that the rectangle formation is due to news pending...i call it a holding pattern as accumulation and distribution takes place...the most lovely thing about such patterns are that the volume rises when it heads up towards the .26 resistance level...and decreases when it trades towards the lower band at .195 level..this is called positive money flow a crystal ball towards price direction....we r going higher my fellow traders...just dont be fooled by low volume pull backs ...
    IN MARTIS WE TRUST....
 
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Last
2.6¢
Change
0.000(0.00%)
Mkt cap ! $5.753M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $103 3.975K

Buyers (Bids)

No. Vol. Price($)
1 22341 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 296025 1
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Last trade - 15.53pm 12/09/2024 (20 minute delay) ?
KAL (ASX) Chart
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