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KNM- likely to go sideway

In a come week, KNM likely to go sideway at between RM0.50 to RM 0.60. The price will go lower if KNM share start in off market transaction.

For long term investment now still no the time to enter yet, you may need to wait till 2H09 but for short term profit taking price below RM 0.50 is a good entry and above RM 0.60 is your selling point, however this only apply if no off market transaction on KNM share.


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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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