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supersimp
Feb 19, 2021 1:27 AM

KGN: Descending Triangle + Inverse Head and Shoulder Long

KOGAN.COM LTDASX

Description

Right Shoulder Forming

Wait for bullish Heiken Ashi candles to form - longs top preferred

Wait for MACD confirmation

Exit at descending triangle resistance / inverse H&S neckline

Potential breakthrough DT resistance and inverse H&S neckline
Comments
zAngus
I like your charting / analysis style.

Market darling from last year still struggling :(
supersimp
@Angusmck, interesting to see what the upcoming earnings reveal!
zAngus
@billysun8, Yeah. I rode them up for most of last year but they have been floundering around now for ages.
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