KZL 0.00% 12.0¢ kagara ltd

hey penicilin, page-18

  1. 2,178 Posts.
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    Dan,

    the post's below were posted on the same day, how can you have any credibility.

    63 - 65c target. Only 24.5-26c away now, we did that in a few days last month. Certain levels do have to hold, for the sp not to reach that level. Touch and go at the moment. I'll be kind and show my charting below, I picked the fall from grace from 1.20+ and was bang on with my target buy at low 80s. Waiting for the next leg to play out. Hope you've started making that 'humble pie' gself. Today wasn't a great day.

    Next post on the same day, you are optimistic of it holding above 80c

    Lot's of stocks follow the DJIA. Generally the S&P 500 is the key, it's the benchmark for all indices. To be honest I tend to follow the Hang Seng or China H Shares, they give earlier clues on the overall direction. I do think the picture has changed slightly since last week, but as mentioned in my previous post I will wait and see how this one plays out. I think we will see a choppy period over the next few weeks, but I am now optimistic that the support at 81c will hold, but there is a fair bit of volatility out there and nervousness, which could swing the sp in favour of the 63 - 65 range.

    To not let this happen the S&P needs to find a new high. It needs to clear 1088, to enter a new period. The ASX200 needs to break 4590. I see another period of choppy sideways action, until mid-March for KZL. Similar to what we've from Sep - Dec. Up, down, up, down etc...
 
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