Monday, October 05, 2009


KNM Daily Chart

Based on daily chart, KNM could have broken out of a triangle formation. No buy signal yet. I think if it can at around 0.80, then only my system will issue a buy signal.

KNM Weekly Chart

Based on the weekly chart, if KNM can move up from here, then it has built a solid base which will enable it to challenge the downtrend line at 1.80-1.90.

There are 2 call warrants -CB/-CC. -CC gives you a better value as it is currently in the money. You can verify it using my Bursa Malaysia Warrant Calculator.

Disclosure: No positions.

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