Monday, October 05, 2009
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.
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.