Yes I understand charting very well and Im very accurate in my judgements. Last week though the US small caps moved a bit more than usual, so it affected a few ASX stocks like KTD whole lot more than it wouldve normally. But there is light in the tunnel. Because the small caps index has found its support area that it moved alot last week to intersect. So now we should see a bounce this week once the week gets going in the US it will settle our market and the stocks like KTD that got oversold with it will return to normal.
Here I will show the small cap index in different timeframes that show the support intersect points.
KTD Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held