KMA Global Solutions International (KMAG)

[museman]

Duelittle, I am inclined to agree. Here is my chart showing a one month basing pattern. The blue line once delineated support and a bearish wedge. It was broken projecting more downside. A bottom was found and tested, the down trend line overcome and tested, then the blue line became resistance which was quickly overcome. That resistance is now support. Your launch pad.
Due, I am aware that you know all this. Forgive my blabbering, but friends have asked me to explain my squiggles.
The caveat is that this all falls apart and the downtrend is tested again at much lower levels. I am betting otherwise with my buy orders.