KMA Global Solutions International (KMAG)

[museman]

zozo may be referring to a potential cup and handle formation, a pattern suggesting a statistically high probability of an impending uptrend.
A bowl shape could be a potential precursor to the cup and handle pattern. Not an indicator unto itself but a flag that deserves attention.
Technical analysis has performed well for me in the last 3 months with KMAG giving several key signals that kept me from buying. Lately, the sell signal has been terminated by a break out of the down trend channel. Now a basing process is in place. As long as there is volume and price change, technical analysis can be a valid tool in any market place.