KZA 0.00% 65.0¢ kazia therapeutics limited

charts - acouch, page-3

  1. 426 Posts.
    From a chart point of view I would not have expected to see them go up to these levels for at least a number of days more.
    This sort of action is not the "norm". Yet occurs in stocks now and then. Prob something like 10% of the time. So not good odds to ever hope for.
    A re-test. yes. Within days of the first fallback. But odds would say to sell there.
    Staying (or over-staying in hope) is fine for long term holders, who don't even care about 5 or so days of floundering first anyway. They are looking at a guestimated long term target they have assigned, thus stay ad infinitum till it comes (if it does ever!). ie they came in 2 months back (or a year back!) based on company rumours or whatever.
    The same mentality generally means they probably won't even sell now or soon, and will ride down the other side of the peak, to about 30% back down the climb distance before selling. So prob only get about $5-00 anyway by then.

    NRT is a good example of reward for those who had beliefs and stuck with them. That is VS all the other ones that flop and lose instead.

 
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Mkt cap ! $46.90M
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65.0¢ 65.0¢ 62.0¢ $16.64K 25.98K

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1 15000 64.0¢
 

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Price($) Vol. No.
65.0¢ 3687 1
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Last trade - 15.42pm 06/12/2019 (20 minute delay) ?
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KZA (ASX) Chart
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