Disclaimer : This is my personal blog. Author will NOT be responsible for information errors, incompleteness or delays or for any actions taken in reliance on information contained herein. Examples in this blog are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The author assume no responsibility for your trading results. There is a high degree of risk in any form of trading and speculation. Trade at your own risk.

Wednesday, October 17, 2012

KNM

KNM has been the devil in Bursa and Investlah members. Look at the 1 year KNM chart and the story is all there to see :


However, there are some people who beg to differ. KNM is actually a good trading stock suitable for momentum traders, not for buy and hold investor. It is still looking for the bottom however notice the RSI, see the blue shades, that is the oversold level, see each time there is a rebound later. Opportunity? 



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