KMA Global Solutions International (KMAG)

[museman]

Great analysis and chart rand0m. I would add that lurking behind that chart is a (bullish) descending wedge pattern on a bar chart closing price basis that is now testing a breakout to the upside. If we close higher for a couple of days the implications of the wedge and breaking above the channel you illustrated become bullish. But if the wedge is nullified by moving below the apex of the triangle, then not only is the channel valid but there is a strong possibility of drastically traversing the channel.
I'm holding my buy for either outcome.