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[KNM] 20Jan2012 - KNM INVERTED HEAD & SHOULDER IN THE MAKING

BUY AT 1.00; MEDIUM TERM TARGET 1.60.
GOOD LUCK !!
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knm lover... you are back...
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rule no. 1, limit your investment to a few companies, no more than 5.
rule no. 2, don't fall in love with them. As soon as the tide moves against you, cut them loose.
seriously, knm would make a good investment at current price range (rm0.80 to rm1.10) as naturally, the recent USD12bil PSC agreement between PETRONAS & SHELL would find its way to KNM bottom line, sooner or later. this would be a serious investment over 3 months to 3 years and not punting/gambling.
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watch for a jump start tommorow, 27Jan2012 - news after market close - acquisition of a company in the UK. jump start would mean a breach of 1.03 resistance !
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the first 6 cents of many cents to come. ride the wave.
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1.10 breached. :)
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Tks Xenon for the tip. I was away from the KLSE market for quite sometime and was looking for something to buy for CNY rally. I was lucky to come across your KNM tip .......perfect timing as I can see big Ang Pow coming just after buying for one week. You r brilliant!!!!!. Tks again for sharing.
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resistance at 1.13/1.14 followed by a super hurdle at 1.28 (previous bottom of super bear market). next monday closing would determine whether the move towards 1.16/1.17 friday & closing at 1.13 was a false breakout or otherwise. overall market is overbought though - the like or drbhcom, mas, unisem, e&o & mbsb all of which made substantial gain in the past 3 weeks.
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TQ Xenon 4 sharing ur thot...apprecte it
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