KAZ - time to short?

kaz - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...gMjrMugA6VQraK8bk%3D

200p target while below 458p.

atb,wdik,dyor,
trendfriend

Kaz - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...aezlJudSsttyqN9iU%3D

Nice posts and charts Libero and MM....Thanks for the heads up with this, an old favourite, but it was off my watchlist atm...

Have to agree with MM, this should head lower....having said that a h/h or 1,2,3 low is also possible...
I think watch the rsi imvho...this needs to break above the 50 day ema line as well as the h/h...but it's only worth a long position if its combined with a rsi breakout as well..

atb, wdik, dyor,
trendfriend

Hi Libero,

I keep lurking on Kaz from time to time but not trading shares that much, this imo could be worth trying to go long around 350-310 level where some stronger support is. Atm it looks like it needs one more push lower anyway, but brake above 464 could form c&h pattern but then its very close to down trend line. There are some gaps around/below 400 so that would need to be filed first before move up.

Hey Folks,

Anyone looking at this?

Perhaps too early to anticipate a 1-2-3 Low, but it could be worth a long - although it is extremely volatile this one!

www.tradingview.com/x/CIW2GQlp/

Usual Disclaimers apply! (as per TF's signature! )

p.s. not sure why the thread is marked for shorting!

Hi Austin,

nice trade with short scalp....

tbh, with the main markets in strong bull mode...i'm just not thinking shorts atm... got a long cap on now....
Just it think it's too risky (for me anyway)to short anything atm.....as we saw with premier yesterday....buyers are looking for and buying dips..... no matter how bad the stock looks....

stay safe, atb, wdik, dyor,

trendfriend

I wasn't suggesting a full on reversal, just an opportunity - worked out nicely first thing this morning for 40 points. I'd still look to buy a decent pull back but I do think this is potentially worrying: