At this stage of the game, I would imagine energy prices have some bearing on KAR SP, although market will naturally focus on headline events like dril results and farm outs. Still we are expecting to be dealing in a commodity at some point and just thought I would mention it looks particularly bullish despite a recent dip and coming off a bit last night also. here's Brent, (I can do WTI if you prefer):
The 20 day MA crossed above 50 day recently and now 100 day MA. You can see what happened in June/July when that also occurred, suggests bullish upward direction imminent.
where is the botton?, page-50
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Last
$1.51 |
Change
-0.085(5.33%) |
Mkt cap ! $1.211B | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.59 | $1.49 | $11.13M | 7.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19893 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 140180 | 7 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |