100% up trend. See Concept of Higher low and Higher HighASX:KGN
Technical Analysis:
100% no doubt
up trend is still going to be long way.
See Concept of Higher low and Higher High
Every "Higher low" is Higher then the previous "Higher High"
The previous HH is setting up a new supporting power to push the price a lot higher!!!
Of course, it won't be forever, but at lease a smart investor will not risk the money into a stock under down trend asset or too much in frustration period.
Basic Analysis:
- During the 2nd wave of COVID19 lockdown, KOGAN as the leading online shopping platform, it's still got a very strong growth potential.
- Kogan is expending a lot more products line and more services even across other industries, so it's got unlimited potential
