KAR 0.93% $1.61 karoon energy ltd

If you have a gander at the Moving Average lines, they are...

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    If you have a gander at the Moving Average lines, they are pointing to a safe entry - something you possibly haven't been able to say with confidence with the volatility of late:



    The 20 day having crossed the pink 50 and now the yellow 100 day on the daily, above. (It is considered bullish in TA when a shorter term moving average line crosses a longer period line.) Ideally, the pink 50 also needs to cross the yellow 100 day - however, you can also check out the weekly, where this has occurred.



    So I would say short term, definitely bullish and if the 50 crosses the 100 on the daily, then also medium and long term bullish. Good luck.
 
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