Sardin about to end the MCO liao when report say NP 20m ... mana tauh today drop half cent... so i guess he may continue to MCO until ...... and thinking why there are sohai sellers Q to sell...
this week share price rebound from 0.19 to 0.255 (about +34% already). next week most likely will trend down again.
reference to past one month's trend :
May 19th highest 0.27 May 22nd lowest 0.20 (Interval 3 days from highest to lowest)
Jun 3rd highest 0.275 Jun 15th lowest 0.19 (interval 7 days from highest to lowest)
Jun 19th highest 0.255 next is further up or a correction ?
only once SMA 50 cross above SMA 200, KNM can truly surge (unless there is constant project awarding news to boost up the price which is an exception), else it will consolidate for time being between 0.19 - 0.29 which is a good opportunity to buy low sell high, 2 cycles a month.
@maxprofit2020 this week share price rebound from 0.19 to 0.255 (about +34% already). next week most likely will trend down again.
reference to past one month's trend :
May 19th highest 0.27 May 22nd lowest 0.20 (Interval 3 days from highest to lowest)
Jun 3rd highest 0.275 Jun 15th lowest 0.19 (interval 7 days from highest to lowest)
Jun 19th highest 0.255 next is further up or a correction ?
only once SMA 50 cross above SMA 200, KNM can truly surge (unless there is constant project awarding news to boost up the price which is an exception), else it will consolidate for time being between 0.19 - 0.29 which is a good opportunity to buy low sell high, 2 cycles a month. 20/06/2020 9:32 AM
With reference to the annual reports, just realised that the 2 major shareholders of KNM in Mar 2019, Ms. Diana Chua & Mr. Pui Cheng Wui are no longer the THIRTY LARGEST SHAREHOLDERS (as per Record of Depositors as at 21 May 2020)
Big fund don't want push up even Crude oil above USD40. Just collect more if sales on Monday. I will buy more hibiscs and knm on Monday on discount price
Most airlines In the world are restarting operations to many destinations. Consumption of oil kept increasingly AirAsia and emirates airline, Japan airline, and Qatar air turning their engines on flying
short term (bearish): it may trend down next week, strong support at 0.19 (SMA 50 & 90). resistance SMA 200 at 0.29. most likely will be thru & forte at this range for time-being.
mid-long term : once SMA 50 (0.19, currently moving up 0.003/day) cross above SMA 200 (0.29, currently moving down 0.001/day), it will truly fly and surface its real value.
Tmr close 0.28, oil price good qtr. Latest hold for 2 weeks. Local oil price already start increasing, is just short term trader take profits only, cant stop tmr
Tomorrow I am waiting to collect low. Maybe 19cwnts again ... Friday not moving up high chance to drop lower even Crude Oil price above USD40. hibiscs looks better as strong support @67cents.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kedahman7968
134 posts
Posted by kedahman7968 > 2020-06-19 20:21 | Report Abuse
KNM....hope green Up up on Monday . Be strong!!! I am waiting for you