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2008-10-29

KNM go down below RM 0.60
















KNM is hit as low as RM 0.415 before make it back to RM 0.52 closing on 28 Oct 2008. Base on the chart, it is hard to said KNM is in what direction but we can see someone is trying hard to keep KNM above RM 0.50. Today may see a technical bound back on KNM, hope to get some profit later.

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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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