Tuesday, September 21, 2010

Did you follow ? (KNM, Landmrk and Kencana)

High rosing with high volume. Entering Overbought zone for RSI and Stochastic. Awaiting for breakout the key resistance 1.66. There might one or two corrections around here but its normal.



Its good to see it breaks another resistance with high volume. The following resistances are 1.39, 1.41 then key resistance 1.44/1.45. Obviously its entering overbought zone as well for RSI and STochastic but overall is still positive.

Well, it seems like KNM is moving up a little bit slow. Anyway, be patient. Still remain buy call in short term.

Broke below the support trend line and also the previous black candle stick. It shows a bearish and negative but buy are recommended for rebound for medium term players.

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