KMD BRANDS LIMITED
Long

ASX: KMD

189
An ASX Stock I picked up on my long range scans. We see in September 2019 a large volume spike which as a news event. Th OBV dropped below the 233 WMA meaning the stock was not ready to go, as all the buyers a dried up on the initial move after the news event. Price moved sideways then in December 2019 another volume spike with support by the ADX , SAR and OBV indicators to get long. This was support by great fundamentals that this stock was a bargain buy as t 3.03.

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