The huge of 2000 lot at RM 0.745 & 3600 lot at RM 0.75 queuing to sell are the shark's lot. They will buy back their own share to create more volume tomorrow. Tomorrow early morning will be their top 5 active volume
kerengga asriruslan...possible drop is always there..how about possible up?..so, to confirm its downtrend or not, just wait for tomorrow closing candle...=)
The Confirmation candle just appear..lets roll out tomorrow!
KNM Group Berhad (“KNM”) is pleased to announce that on 24 February 2014, KNM’s wholly-owned subsidiary, KNM International Sdn Bhd (“KNMI”) had entered into a Joint Venture & Shareholders Agreement (“JVSHA”) with China Nuclear Industry 23 Construction Co Ltd (“CNI23”) to collaborate in pursuing and securing construction works for mechanical, electrical and erection related to oil and gas, power, petrochemical and renewable energy projects in Malaysia and South East Asia (hereinafter collectively referred to as “Business”).
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. This has brought the price to the resistance of 0.74 where we expect a good fight between the bulls and the bears. For the upside to continue, the resistance needs to be broken conclusively, preferably with high volume. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
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....
mayzam
268 posts
Posted by mayzam > 2014-02-26 16:07 | Report Abuse
dont worry i'm like ikan kembong under the shark..kutip lebihan makanan..hee..heee..