KNM is in red for 8 trading days

2008-12-02

KNM is in red for 8 trading days

Base on the chart, it is about time for KNM to bounds up but if base on Accumulation/Distribution chart KNM may go down more.

In this market situation KNM will likely to go down and if pass below RM 0.50, KNM is going to hit RM 0.40.

7 comments:

Elvis2020 December 2, 2008 at 5:13 PM: Durian, why not you cover GPACKET? This stock is going to be hot as WIMAX takes off. I forsee that GPACKET will be as big as DIGI in coming years....
Ivan December 2, 2008 at 11:51 PM: Durian,

i tak faham wo . . ."D
how to read on wm tools ?
any how u kn ow 40sen is good suppoort level?
East Point Trading December 3, 2008 at 7:35 AM: Thanks for your info about GPACKET, Elvis2020. Most of the share I look into is from Oil & Gas, your info is vary helpfull.
East Point Trading December 3, 2008 at 7:37 AM: Ivan,

what you mean wm tool?
I think KNM share may go down RM0.40 before make a U turn.
Ivan December 3, 2008 at 8:00 AM: HI Durian,

Thank you for your reply.

What I mean is the WM% R (14 days) -- is the chart that ith 3 purple colour highlight
East Point Trading December 3, 2008 at 8:50 AM: Ivan,

here are a link may help you to understand more

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:williams_r
Ivan December 3, 2008 at 8:52 PM: Durian,

thanks. . a bit understand but not at all :d

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