Significant move today. Finished very close to the high at 30 cents. This move and chart reminds me very much of MNS back in August last year. I traded MNS around the 22 cent region as it moved sideways for a while. Within a month MNS hit 51 cents. Significantly MNS closed at 30.2 cents on 31 July, the next 2 trading days it moved up to 35 cents and by the 17 August it reached 55 cents before closing at 52.5 cents. The story here was that once MNS broke through the walls at around 22 cents there was very little resistance until around 50 cents. I think KNL may follow the same trajectory and we know that KNL has significant momentum including:
. a surging SYR which hit $6.62 today and is capped at about $1.5 billion
. a surging MNS which hit $1.045 today and is capped at about $380 million.
. further agreements currently being negiotated at KNL which will be the catalyst for the next big runs.
. the close at 30 cents today will trigger a number of technical investor radars tonight and bring new money clamouring for a tightly held stock.
. terrific fundamentals and also has many excellent agreements in place to underpin their resource.
All in all, a perfect storm is brewing!!!
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $54.48M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.5¢ | $38.08K | 325.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 104325 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 0.115 |
10 | 241000 | 0.110 |
8 | 137384 | 0.105 |
14 | 334594 | 0.100 |
1 | 140000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 104325 | 4 |
0.130 | 19999 | 1 |
0.135 | 10000 | 1 |
0.140 | 118506 | 3 |
0.145 | 24910 | 1 |
Last trade - 15.33pm 15/07/2024 (20 minute delay) ? |
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EGR (ASX) Chart |
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