KMA Global Solutions International (KMAG)

[museman]

Chart:
The long term rising trend line has been broken (red line), and after a week of consolidation, the price made another lunge toward the crash low at .0021 only to be turned back up by long term support at .003 (blue line).
Now we have resistance at just above .005 at the red line, and support at .003 at the blue line. If we break above resistance (red) we are good for a run toward the descending line of the triangle formation (black line) at near .015... that is after some consolidation at the breakout point along the red line.
But, conversely, today's low volume move could be a simple bounce from the blue support line, and more downside action could bring the price back to test .003 (blue) or beyond to the crash low of .0021 at the green line.
So what? Conservative buy points are at a retest of .003 (blue), and during consolidation after an upside breakout above .0052 (red), or at a test of the crash low at .0021 (green). My strategy is to hoard cash to buy at any and all of these points.