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SoloTraderAU
Aug 22, 2017 6:29 AM

KGN Dark Cloud Cover Short

ASX:KGN1D
KOGAN.COM LTDASX

Description

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What a dramatic result !
18% gain yesterday to touch the simple trend line resistance, but 6% loss today to form a dark cloud cover pattern on both 4H and D charts

Correction to be taken place to recent high at $ 2.63 (Fib Ret. 50% level)
Candlestick AnalysisTrend LinesFibonacci
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