The action is primed for buyers to continue the move up to highs

Potential Buy Entry Alert to Watch KGN

Time Frame : Daily/Weekly

Sector : Retailing

Key Stats : $570.33 Million Market Cap, VWAP 6.194, ASX Ranking 338, 4 Week Av Turnover $2,780,638, Current Turnover (Intraday as at time of alert) $2,466,333, PE 33.1, Div Yield 2.36%.

Company Overview : Kogan.com is a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. Kogan is a leading Australian consumer brand renowned for price leadership through digital efficiency. The company is focused on making in-demand products and services more affordable and accessible.

Broker Consensus : BUY

KGN – Kogan.com Limited

KGN has been steadily moving up all year and we see the buyers are set to continue that trend and target new all time highs. Price action has some work to do but is in a prime position to hold higher levels. We are watching for a higher low to form above the 6.00 zone and then for buyers to push up through 7.00.

Stock Code : KGN – Kogan.com Limited

Company Website : www.kogancorporate.com

Current Price : 6.27

Status : On watch for potential higher low and push up through 6.60