TAjames

Kogan, doing all the right things, but very volatile

ASX:KGN   KOGAN.COM LTD
Big movements upad down i dont like, was hoping to see a base, but price action is looking good on daily. Position here with stop at 10.90 is a good low risk play. Broken and retesting downtrend today, if it falls back below the line, no good. But as long as it stays above, a base can be made and a push to break $12 on the cards next week or the following week.
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