Observation from Chart:-
KNM have been retrace down 60.3%.
Will it rebound @ RM0.45 support level ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on oversold stage, pending trigger BUY call.
Immediate support @ RM0.45
Subsequent suport @ RM0.425 level.
Immediate resistance @ RM0.52 level.
Subsequent resistance @ RM0.57 level.
From technical view, KNM is forming lower low & lower high, market sentiment is bearish.
NO bullish reversal been form yet.
Let's watch closely for rebound opportunity.
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