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[KNM] 0.97 RESISTANCE BROKEN

A new plot in the new episode.
0.97 resistance broken with high volume suggests that KNM will not form a double bottom. Bottom (permanent) established at 0.84.
A brief base building is taking place at 0.97-1.03 before the January effect will kick in and push KNM price another leg higher. Watch out for break out above 1.03. Cut loss at 0.96. Bought today at 0.99.
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where r the monkeys gone ?
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strong support at 0.84. with good volume, 1.04 resistance shall easily be broken. otherwise, consolidation is inevitable. 0.96 is a sensible cut loss point.rsi shown very much room for the upside. stochastic shown consolidation. keep the finger cross that january rally kick-in on this counter. happy new year :)
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Stop-loss of RM0.96 broken. Looks like a failed break out. Tough luck this time round!
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it's bullish in a bearish territory at the moment. will wait....
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looks like somebody was controlling the trades today - to accumulate cheaply during force selling day of the last high volume move. suspect the same group who pushed it up from 0.84 to 1.03. should this be the case, just a matter of days for another push past 1.10. index wise, we are firmly above 200 day moving avg. index first broke out 1504 to 1530 then successfully tested again this 1504 yesterday. this is very significant. this is the classic break-out behaviour of the index. general mkt now is on the way up another 60 pts or so, and all the 2011 battered stocks should move up, including knm. knm close at 0.97 today is exactly at the previous resistance turned support. intraday move toward 0.955 also has created a candlestick hammer. a significant upside move can be seen in about 3 trading days. this would be a breakout above 1.03, with high volume.
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music to my ears haha
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Sold 0.995/1.00 !!
It's all over folks !
Dance to the rythm.
Game over. Adios.
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Xenon, Can KNM move up to RM 2 something again? I bought above RM 2.00...
TQ..
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