Disclaimers :All the stocks mentioned here are the opinion of the writer and it is for reading purposes only.There are risks involved in trading shares.Do consult your licensed adviser before you trade.This blog is not responsible for your gains nor does it share your losses.The risks and final decision is still yours. Those interested to subscribe to my FOREX Trading Group/FKLI(futures)/FCPO(palm oil futures),please email me at silkyhawk@gmail.com
Friday, July 4, 2014
KNM(7164) ---Update.
The stock is still very bullish.
The lows are getting higher....a,b,c,d.
The previous uptrend line is represented by XY.
The AB is the uptrend channel...price touches the the lower channel at *d* and rebounded...
My own TP is at 1.12....still very much intact from the previous chart.
R1 and R2 is taken out decisively and price is now moving up strongly...
Strong support is now at 0.72
( The above is just my2c opinion...trade at your own risks.)
TAKE NOTE: (5/7,1.17 pm).
With yesterday(4/7) closing at 0.965...*am expecting a price pullback in the sub waves* soon.
( 4/8/14...9.41am )...Have cleared all the remaining balance(stock) at 1.12...target reached.
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