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-
No comments:
Post a Comment