KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, there is a technical level at 0.49 which may support any short-term retracement. RSI is also showing an overbought condition which may indicate some retracement may take place especially if the support level of 0.49 is broken.
Within last few days bought 700 lots average 50 cents.So guys who lost a bit can seek reassurance. Im going to my retreat to meditate. Be back when knm hits 60.
Oh keeping I have at least 3 counter losing my pants almost lost rm 150k now all 3 make profit . And that is only recently . Plan to double up actually if goes below 0.40
Sources informed me this counter will be the 2014 shinning star repeating few years ago glory ! Hope today down trend was cos of T3 force selling and profit taking ! Hope all the KNM share lovers make some money this year !
the 40-50 cycle has been going on for some time and many have profited .It wont last for ever.it will become increasing numbers to 50 or suddenly stop .Enjoy while it last.
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. However, we have to be careful as the recent price action broke the support level of 0.49. This breakout was accompanied by a higher than average traded volume which shows the bearishness of the traders to push the price lower and past this support hence pointing to a higher probability of a bearish breakout.
tq msnb for your link. Still think that its hard to KNM to get local O & G jobs, I guess it has no or limited reference for that, anyway if Gen Lee can break the ICE, congratulate everyone here
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....
samsoongyc
732 posts
Posted by samsoongyc > 2014-01-06 21:43 | Report Abuse
Sure can go higher in longer term already so down