key support level of KNM was broken on 2nd July 2008
Tuesday, July 8, 2008
KNM Daily Chart The key support level of KNM was broken on 2nd July 2008. Couple with
a heavy traded volume of 7.7 million shares, the prospect of a lower
decline looked likely. However much to the surprise of investors, the
stock defied gravity and closed higher on 4th July 2008 completing a
bullish reversal candlestick pattern known as the piercing pattern.
-Chartnexus-
a heavy traded volume of 7.7 million shares, the prospect of a lower
decline looked likely. However much to the surprise of investors, the
stock defied gravity and closed higher on 4th July 2008 completing a
bullish reversal candlestick pattern known as the piercing pattern.
-Chartnexus-
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