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.
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