KTD 2.86% 18.0¢ keytone dairy corporation limited

Chart, page-36

  1. 7,114 Posts.
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    The Day that KTD and a few other stocks broke into the dip, was all in tune with what the World markets did with the Midterms. I didnt expect Midterms to dip the Markets but then again I didnt look back on World markets to see what happened in previous midterms. So when I saw bullish signals on ASX stocks I thought they would behave as ususal. But they didnt over the last few weeks and I have looked the fool in my charting.

    But now the Midterms are over we should see the main dips behind us and stocks like KTD should get back on catchup as to the path previously on.

    The Powdered Milk sector is just too hot for KTD to enter into some other kind of crazy dip.

    KTD could snug back to the 20 day moving average and hug it a bit while still rising staying above the 20 day moving average before it gets back over 70c and 80c.

    IMO under 50c is a buy, over $1 is a sell, and I will be looking for extra trade parcels on the way if there is some swings.
    Last edited by ChippyDude: 08/11/18
 
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