No posts on AKG since listed. Over 10 yrs, wow, this is unusual. AKG appeared in a weekly HVBB and the chart suggested a possible opportunity. I’m showing the monthly chart as the daily and weekly are a bit spotty. Trading volume is low, so it’s unsuitable for a short term trade.
AKG is a group of 18 colleges around Aust plus one in Singapore. The chart shows the price selloff during the Covid crisis and the trading range during the pandemic as borders were closed (both internationally and internally).
Can price go back to the pre-Covid highs now that we’re “living” with the viruses? If it can, there’s a potential reward of +100%. It may require some patience. I’d like to understand why prices dropped suddenly in 2015 and if the problem has been settled and unlikely to reoccur.
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