Hi kawan kawan, Let us be objective and look at the real fact on KNM closing price. Since KNM reversed downtrend to UPTREND on last monday, Nov 11 2013. KNM had closed BULLISH every day since Nov 11 2013.
Based on current price movement, Today will be the 7th day KNM closed bullish consecutively after it turned BULLISH after so many years of downtrend...just look at the facts objectively and decide on your own objective analysis based on these facts...OK???
Let's take care the next hurdle first 0.55 sen I think...before we talk about RM1. More and more people will jump in.... human behavior. I bet a few trust funds managers will have something to think now..... stay on sideline or jump into the bandwagon. :)
Every stock in BURSA has its own PERSONALITY...Some are slow and steady, some are so stagnant that you find absolutely boring, some are fidgety...Cant decide whether to go up or go down, some sleep for years, some are real teasers but you get no where, Some tease you and you give money to the teaser, some are slow initially but on news become fast n furious....
KNM has the personality to be fast n furious once any good news breaks out...so better to long KNM as the fundamentals will get better over time...
I sure hope the stock analysts writing articles for KNM better do some writing soon on whether KNM is recommended a BUY or SELL. Otherwise a simple question why will the analyst recommend a BUY at a higher price a few months later. His timing is a question mark. My lowest price on KNM already have more than 15% rate of return in just a few months.
yup we all make our own investing decision... at least I give it a try ! time will tell whether I make the right call. No blaming on others..... if the price goes down eventually ! Do some homework and analysis. Of course better PRAY HARD for miracle....MIRACLE does happen in life !
Vsmile, No need strong heart to buy KNM or any other stocks... Just use objective facts and do objective technical & fundamental analysis and these analysis MUST BE DEVOID of any subjective emotions......Set up a system to buy, hold or sell...that is all that is required...very simple...and act fast on system info whether sell, hold or buy further..
Never fall in love with any stocks including KNM...Just be focussed on searching for objective facts to verify whether the fundamentals of the stock is improving or deteriorating ..if fundamental improving... Just hold...if fundamental is deteriorating...Just sell.
As a trader, yes it is difficult to predict price movement....I don't trade... As a fundamentalist, you look at current fundamentals, do research and decide for yourself based on upcoming scenario whether will the fundamental for KNM improve with time... My take is ...yes the fundamental will improve as it cannot get any worse than now...and current share price is now bullish after years of downtrend...So the decision is really very objectively SIMPLE & LOGICAL...NO NEED EMOTIONS..THROW EMOTIONS AWAY..
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition the support level of 0.46 which has been tested successfully, may provide the springboard for the trend to continue.
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....
asriruslan
2,081 posts
Posted by asriruslan > 2013-11-19 15:16 | Report Abuse
cheap sale knm.>buy buy