KNM (stock code 7164)
KNM had on 29/12/2009 crossed over
the immediate high of RM0.755 (17/12/2009) to reach a
day high of RM0.76 before settled at day high.
Next Potential Upside Target : An upside violation of
RM0.76 level would likely see KNM to trade upward with
next upside target at RM0.80 – RM0.82.
Entry Level : Risk taking traders may establish buying
position at RM0.75.
Stop Loss Level : Once a buying position is being
established, a stop loss level at RM0.71 level must be
placed for risk capital protection purpose followed by
trailing stop loss strategy.
