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2008-10-18

KNM - A Cross Road



















KNM share price is back to the base line ( red line ) on 17 Oct 2008 closing. Base on the chart, a bounds back will happen at next week and off market transaction was stop at the same day.

However, technical analysis only base on the history of the share price movement any speculation will make the analysis wrong.

Still need to see what happen on KNM share price in Monday to know where KNM share price are going.

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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