Koovs - Koov

Never heard of this company before! Looks like there is thin volume judging by the candlesticks. Not one for me but good luck! ps. 60 would be my target (pivotal in the past) but then again I am greedy!

koov. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...BJsjVTPfay2Nrt2Zo%3D

nice rsi breakout here, and that should be the basis for some kind of rlly here. a test of the 200 day ema at 55p possibly?

atb, wdik, dyor,
trendfriend

keep a eye out here imvho....a break and close above 65p and this should fly away

could happen today, as some news of final funding is out....lets see...

atb, wdik,
trendfriend

Koovs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...J+jr8fuJyjDjXv3kH9w=

Interesting chart here. It's a stock i have been long on for some time, and it's not for everyone, as it can move quickly, as with all AIM stocks tbh....

This is essentially in a triangle atm, with the 200 day ema line providing support..after a rally to the 90's in July, the price has been in a consolidation and basing around 60p, usaully the longer the basing period, the higher any rally subsequent rally should be.
A break out above the 20 and 50 day ema lines, and the overhead treanline around 67/68p, would be a pretty decent and robust buy signal, especially if it combined with a rsi breakout....

speaking of the rsi, its fairly rare to have the rsi trending down, in a period where the share price has trended up.....i see this as a bullish positive rsi divergence as such....and adds to the bullish argument here....if it does eventually breakout....

imvho, wdik, dyor.
trendfriend

Made a new topic here, as i had a typo in the last one.

Koovs - Daily
uk.advfn.com/p.php?pid=chartscreenshotsh...nCreiWzzwVFdWLMpJ5k=

Yes the p/b was severe, and it did pierce the trendline but closed above.
This has come from sub 20p all the way up to 90p+ in a short time, so a p/b was going to happen at soem point. I didnt realise results were due this week, (would have waited in hindsighT) only saw them friday am.

Technically i think it still looks ok, it closed above above the moving ave's and held the original breakout triangle, the rsi needs to hold this week, so lets see how it goes....

i may even add some more if it goes to the 200 day ema....

atb, dyor, wdik
Trendfriend