today's volume only 13M , majority ppl are still holding stock at T+3 (from Tue).
based on TA, it is going to reach bottom soon, expect a gap up to test 0.09 resistance by next week.

The PSAR had switch to an uptrend since yesterday.
Linear Forecast reverse from downtrend to uptrend since Aug 11th as well.

It is going to have a major surge soon.

Support shall be at 0.095, this was the price it surge from by Jul 27th.

Armada already take the lead to rebound, KNM still zzzzzz

as projected support 0.05 reached.
force selling today for those weak holders chase high at 0.055 - 0.075 in past few days
if 0.05 support also broken, it is possible to go back to 0.045 again.

currently the Stochastic Oscillator only drop half way.

today is forced selling for Tue's 612M volume traded.

ppl hold for 3 years also same price but in between it did surge to 0.475 last year.
when it surge to 0.475 last year (which suppose to take profit realistically), some hope to hope for higher => higher and worry that after sold at 0.475 not able to buy back 0.475, watching the price drop from 0.475 to < 0.1, then finally goes back to 0.24 today same price as 3 years ago.

however this round IF it able to hold above 0.235 (EMA 200) and break 0.26 (SMA 200) with sustain above 0.26, there is possibility that it can surge this year one more round.

we may see forced selling this week for those chase high in past 2 days.

if a trader bought KNM 3 years ago and keep until today, the closing price 3 years ago was 0.24, today's closing is 0.24.

Current support is 0.05 and the trend is reversing down after it hit 0.075 yesterday.
If 0.05 support broken, back to 0.04 - 0.045 is possible in view of many traders will be forced sell in next 2 days. Time to buy low gain.

operator just take advantage of glove & medical relevant counters waterfall dropping to push down O & G price.

once collect enough stocks, O & G will be the first for rebound.

yesterday projected will reverse back to 0.05 - 0.055 come true.

those chase high past 2 days will panic sell this week.

All glove relevant counters waterfall dropping

support shall be SMA 50 = 0.28.

okay, then lets trade silently...

looks like it reverse back to 0.05 - 0.055 before it can move higher.

this counter is totally quiet.

@ nightfly, you are alone here ?

after one year finally KNM stand above SMA 200 again at 0.26 (currently SMA 200 = 0.259).

if can sustain > 0.26, KNM shall fly like last year.

looks like sharks already left this counter, disposing since it 0.6 and all the way down.

guys, take note that the probability that this counter will be in downtrend based on observation below :

1) Today SMA 50 started to trend down (since May 14th it trend up => today reverse to down).
2) Parabolic SAR switched from uptrend to downtrend since Jul 20th.
3) SMA 10 < SMA 50 => Bearish mode
4) EMA 5 < EMA 20 => Bearish mode

Only if the 2 layers resistance can be break & sustain above, then only it can fly :

1st resistance = EMA 200 = 0.235.
2nd resistance = SMA 200 = 0.265.

2 scenarios :

Scenario #1) Break > 0.235 => sustain above 0.235 => fly.
Scenario # 2) Break < 0.2 => no immediate rebound back to above 0.2 => confirm a downtrend.

this year's lowest was Mar 17th = 0.62, looks like current trend going to hit one more time or below.
this counter is in super-downtrend.

Most counters in Bursa are flying but Jaks is the exception.

if the price break below 0.2, then downtrend is confirmed.
currently still on side way, support by 0.215.

the current moving average lines further narrow down to 0.215 - 0.22 (within 2.5%) for EMA 5 - EMA 90. current resistance remain EMA 200 = 0.235. it shall have a price break-up (either up or down) within short term with such narrow gap.

the negative side is since Jul 17th, it started to trade below SMA 50 which is a bearish mode.
KNM started to trade above SMA 50 by May 14th for 2 months.

Still unable to break resistance 0.05 - 0.055.
Looks like it may go downwards back to 0.04 - 0.045 if still fail to break resistance by next week.

same to good QR released, stagnant.
over 40 mil units traded at 0.225, sell volume continue have stock to reload.

0.225 seems to have endless supply of sell volume.
looks more like opportunity for operator to dispose stock.

@ sardin81, just out of curiosity, you mentioned you are "co-owner" of KNM, are you holding any title or position within the company ?

There is only one shark, releasing stock from 0.325 all the way to 0.145.
The fake huge buy Q volume is to prevent price dropping too fast and attract retail traders to chase high.

It is a downtrend ever since it reached 0.325 and the shark slowly releasing stock.

Apparently operator is releasing remaining stock at 0.145.

it is proven one more time Public Investment's target price is realistic.

Based on the chart & TAs :

1) RSI had been dropping from Jul 13th > 90 to today < 48.
2) MACD had been death cross since Jul 20th
3) Linear Forecast had been death cross since Jul 24th to downtrend

Reason for high buy Q yesterday was due to operator not yet fully release their on hand stock at desired price so putting a fake huge buy Q volume to attract retail traders to buy high in order to release their remaining balance stock.

Volume suddenly became top # 12 in Bursa.

If this week no rebound back to 0.235 and break below 0.215, it will enter into bearish mode for downtrend.

when down ppl fear to buy, when up, ppl start to chase high.

some observations to share :

EMA 200 = 0.235 (current resistance)
EMA 50 & 90 = 0.215 (current support)
KNM may fluctuate thru & forte between the current resistance & support level.

If price able to breakthrough 0.235 resistance & sustain, it may fly like last year to break the ceiling.

However, if it break below 0.215, especially if it break below psychological support level of 0.2, it may trend down back to 0.1x.

As all the MA lines almost within +/-10% narrow gap (which some of you may realized it up one day & down one day recently), it is at the crossing junction for a price breakout within short term.

PDZ already 2nd round finished.
Sanichi still standby mode at 0.08...zzz

after washed out weak holders, uptrend continue.
most penny counter in red today, Vsolar can close half day in green, not bad.

By noon today, the hourly chart showed Stochastic Oscillator just reached bottom.
As expected today is to wash out contra kaki that chase high to buy 0.05 to force sell at 0.045.

Next is wait to retest the resistance 0.055.

a lot of bilis hold too long cannot wait anymore to sell.

PDZ 2nd round...
Sanichi still at standby mode for first round at 0.085.

I bought mainly 0.04 + some 0.035, lower then the option exercise price.

once 0.055 resistance can breakthrough, it will fly.

Base on the hourly chart, Stochastic Oscillator going to reach bottom by tomorrow and expect reverse to continue uptrend after weak holders that chase high by Mon (T+3 by Thurs) and those who bought high before rights listed (0.055 - 0.08) being washed out, the uptrend shall continue to retest the resistance 0.055.

Most of the volume today done by operator left <=> right hands to attract retail traders chase high to buy 0.05 and force sell at 0.045.

most of the volume parking at 0.05 are fake volume.
operator thru & forte, buy & sell left <=> right hand to attract contra kaki to chase high, then forced to sell low.

those bought before rights shares listed at = or > 0.055 will be washed out before the resistance 0.055 can break. need patience.

this stock is in super-downtrend at maximum risk :

EMA 200 = RM 1 >
EMA 90 = 0.97 >
EMA 50 = 0.929 >
EMA 30 = 0.907 >
EMA 20 = 0.895 >
EMA 10 = 0.876 >
EMA 5 = 0.851 >
current price = 0.81.

0.05 also cleared within seconds.
hope 0.055 resistance can break today.

Buy Q 46M at 0.08.

Vsolar will fly if able to breakthrough the first resistance 0.05 - 0.055.