KNM Group Berhad was incorporated in Malaysia as a private limited company under the Companies Act, 1965 on 22nd July 2000 and was subsequently converted into a public limited company on 12th September 2000.
KNM Group Berhad is principally an investment holding company while its subsidiary and associated companies are principally involved in integrated systems design and engineering, international procurement, manufacture of process equipments for the oil, gas and petrochemical industries, testing capabilities, site assembly, commissioning and maintenance.
ganasaioh! back to square, can start to collect and wait for second up wave!
asriruslanTechnically, it is not looking good for KNM as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. This is further compounded by the recent bearish breakout of the support level of 0.415. If a bearish breakout is accompanied by high volume, this indicates the unwillingness of a large pool of traders to hold on to the stock as selling pressure mounts at the support level. This bearish breakout of KNM was accompanied by a lower than average volume which may give a glimmer of hope, however one has to be monitor carefully the price action in the coming sessions.
asriruslanTechnically, it is not looking good for KNM as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. With the general downward movement, the price now lies well below the resistance of 0.445.