Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Thursday, November 18, 2010

KNM wins US$216m job in Uzbekistan

KNM Group Bhd, a Malaysian oil and gas services provider, said in a statement it won a US$216 million contract to supply equipment and services for the development of gas condensate fields in Uzbekistan. -- Bloomberg

Read more: KNM wins US$216m job in Uzbekistan

21 Nov 10, 21:54

12000: After KNM's shares consolidation, it should be easily push to Rm4 per share... with the $$$ new projects coming in.... KNM is finally back on track and will challenge RM10-15 again...

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