KCN 5.84% 81.5¢ kingsgate consolidated limited.

Strong Bearish Chart signal

  1. 1,281 Posts.
    lightbulb Created with Sketch. 36

    I posted on another KCN thread on here a technical analysis chart / report I received from Bell Direct about 3 weeks ago showing a significant reversal. The share price was 80 cents at the time and their analysis showed the price falling to about 45-50 cents.

    This morning I have received a further update (see below) which is saying the KCN share price could drop to a range of 34-40 cents within a 44 day period.

    I know this won't mean much to the long term holders on here waiting for the TAFTA decision, but for all others the technical analysis is something they may want to consider in their overall decision, as there has been a very strong bearish reversal in the past month.

watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Mkt cap ! $174.1M
Open High Low Value Volume
79.0¢ 83.0¢ 79.0¢ $116.8K 144.7K

Buyers (Bids)

No. Vol. Price($)
1 10552 81.0¢

Sellers (Offers)

Price($) Vol. No.
82.0¢ 26472 7
View Market Depth
Last trade - 11.40am 30/11/2020 (20 minute delay) ?
0.045 ( 3.90 %)
Open High Low Volume
79.5¢ 82.0¢ 79.5¢ 29546
Last updated 12.12pm 30/11/2020 (live) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.