Great stock to short when the reversal candle appeared the other day, any novice trader would have picked this up.
Today's ann was out of character, but given the pump over past 2-3 weeks due to rising gold price, it did not cover the fact that their cash cost/sustaining cost is way too high.
I closed out my shorts today for a tidy profit. I'm expecting either a mini run due to oversold, or a quick next 1-2 days down to $1.70 region. Just have to watch the opening price tmrw. Gap up = buy, Gap dn = sell.
cheers
pcyc
Great stock to short when the reversal candle appeared the other...
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Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |