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

Saturday, November 27, 2010



2 Dec 10, 23:05
12000: KNM climbing pattern is...... 2-2.50.....2.50-3.20......3.20-4.00....... within very short time....
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...

KNM Group Bhd. (KNMG MK), an oil and gas services provider, jumped 14 percent to 49.5 sen, its steepest gain since Oct. 30, 2008. The company said third-quarter net income surged 76 percent from a year earlier to 56.1 million ringgit ($18 million), according to a statement to the stock exchange.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...