KNM GROUP BERHAD
Observation from Chart:-
KNM retest downtrend line support level.
Will it rebound @ this support level ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on oversold stage, trigger BUY call.
Immediate support @ RM0.40
Subsequent suport @ RM0.39 level.
Immediate resistance @ RM0.435 level.
Subsequent resistance @ RM0.45 level.
From technical view, KNM is forming lower low & lower high, market sentiment is bearish.
NO bullish reversal been form yet.
From fundamental view, KNM will feel impact on BREXIT
Source: http://www.thesundaily.my/
Let's watch closely.
KNM (7164) - Technical Analysis June 2016: KNM (7164)
http://www.stocktalk2u.com/2016/06/technical-analysis-june-2016-knm-7164.html
