last year i buy when KNM going down around august, when financial report out, KNM going to 7ocent, then i sell. this year august again in buy at 42.5 cent
KNM closed at 49.5 cents exactly at the second resistance level. It pushed through and consolidated at 49.5 cents resistance level. The next major resistance is 61 cents. Let's see what KNM can do for next week..
KNM closed at 49.5 cents exactly at the second resistance level. It pushed through 49.5 cents and consolidated at 49.5 cents resistance level today. The next major resistance is 61 cents.
Let us look at the objective facts...KNM closed at 49.5 cents today.. 3 cents higher than yesterday close...The fact is KNM had closed at 49.5 cents and it closed in BULLISH state. This is the fourth consecutive day that KNM had closed in BULLISH mode...The objective conclusion based on 4 consecutive days is that KNM had reversed it's downtrend to UPTREND starting last Monday, November 11 2013...
Let's see what KNM can do for next week.. ..It looks like KNM is heading for sunny days and brighter skies...the UPTREND is still intact and is growing stronger... As an investor I will look at the objective facts and the objective facts tells me that KNM had reversed trend and is on UPTREND since last Monday, November 11 2013...To the sceptics that still harbour the dream of collecting KNM at 40 cents....my message is KNM trend had reversed to UPTREND. 40 cents is the price you can get when KNM was in downtrend...this scenario is no longer applicable as trend for KNM has reversed to UPTREND since last Monday, November 11 2013.....
As an investor I will ride the UPTREND and let the UPTREND be my friend as long as UPTREND continues.....Looks like KNM has kissed goodbye to the downtrend which ended on last Monday November 11 2013..
TQ very much for your comment Mr. Tan, the iron mines which will turn into $$$ very soon will turn Kinsteel around. KNM will fly tommorow as Yellen positve statement on QE. Totally agree wth u on the short cut!!!
Mr Christopher: compare steel company, better u buy leonfb, ipo price at June 2013 60cent, now 46.5cent... like KNM at 40cent, at that price must buy and hold same like leonfb..gud dividen, profit company
tsurukame's comment seems like want to hypnotize people to buy ;-)
lets copy & paste so that more will buy, hehe
$$$
KNM closed at 49.5 cents exactly at the second resistance level. It pushed through 49.5 cents and consolidated at 49.5 cents resistance level today. The next major resistance is 61 cents.
Let us look at the objective facts...KNM closed at 49.5 cents today.. 3 cents higher than yesterday close...The fact is KNM had closed at 49.5 cents and it closed in BULLISH state. This is the fourth consecutive day that KNM had closed in BULLISH mode...The objective conclusion based on 4 consecutive days is that KNM had reversed it's downtrend to UPTREND starting last Monday, November 11 2013...
Let's see what KNM can do for next week.. ..It looks like KNM is heading for sunny days and brighter skies...the UPTREND is still intact and is growing stronger... As an investor I will look at the objective facts and the objective facts tells me that KNM had reversed trend and is on UPTREND since last Monday, November 11 2013...To the sceptics that still harbour the dream of collecting KNM at 40 cents....my message is KNM trend had reversed to UPTREND. 40 cents is the price you can get when KNM was in downtrend...this scenario is no longer applicable as trend for KNM has reversed to UPTREND since last Monday, November 11 2013.....
As an investor I will ride the UPTREND and let the UPTREND be my friend as long as UPTREND continues.....Looks like KNM has kissed goodbye to the downtrend which ended on last Monday November 11 2013..
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.485 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mfbs
1,229 posts
Posted by mfbs > 2013-11-14 20:56 | Report Abuse
my friend tell me just now.. can we trust that news???