KCN 5.17% $1.22 kingsgate consolidated limited.

KCN has two great looking charts imo. Posted these which are...

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    KCN has two great looking charts imo. Posted these which are from yesterdays close.

    The monthly shows a downtrend channel that has been broken to the upside in a consolidation move with MASSIVE volume..
    The daily shows an inverse head and shoulder with neckline broken today. It could also be read as a cup and handle as the recent consolidation with todays break does look very textbook. I figure this is a good low risk play with a miner that seems to actively pursuing new targets while meeting old ones.
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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KCN (ASX) Chart
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