Have been on Kogan for a little while running a trailing sell of 12%, but have tightened to 10% in case there is a reversal as the trend is weakening. Volume is down on the down days so might be okay. Alternatively if it does resume its run might be a good entry point or chance to top up. Worth a watch either way.
Kogan.com Ltd. operates as an online retailer with a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. Its offerings comprise of consumer electronic products and general merchandise released under its in-house brands, such as Kogan, Ovela, Fortis, and Komodo; and sourced from imported and domestic third party brands such as Apple, Canon, Swann, and Samsung. Kogan.com also offers travel packages through Kogan Travel and prepaid mobile phone plans through Kogan Mobile. The company was founded by Ruslan Kogan in 2006 and is headquartered in South Melbourne, Australia.
Kogan.com Ltd. operates as an online retailer with a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. Its offerings comprise of consumer electronic products and general merchandise released under its in-house brands, such as Kogan, Ovela, Fortis, and Komodo; and sourced from imported and domestic third party brands such as Apple, Canon, Swann, and Samsung. Kogan.com also offers travel packages through Kogan Travel and prepaid mobile phone plans through Kogan Mobile. The company was founded by Ruslan Kogan in 2006 and is headquartered in South Melbourne, Australia.
Note
Kogan still thundering along. Got stopped out on the 10% trail. Back in the next day. For interest, 14% would have kept me in.Note
Kogan starting to make me nervous so I have moved my trail to 8%Trade closed: stop reached
Finally got stopped out today. Have set a re-buy notification alert using the SuperTrail. Happy to be out of it for now after such a long rise. Note
KGN looking interesting again especially with major retailers likely to be closing their Melbourne stores under Stage 4 shutdowns for six weeks or so. Note
KGN still with strong momentum. Just below $23 now. Stop moved slightly wider to 15%Note
Through resistance at $22 and pushing towards $26.
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MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.