KMA Global Solutions International (KMAG)

[museman]

Chart. This is an update of a previous chart delineating the 3 month "grey" period of KMAG history. The purple diagonal line on the left is descending resistance, a signal to avoid buying. The two wedge patterns in purple on the left warned of continued decline. Anyone adhering to technical analysis was not buying during this time.
When that declining line was broken to the upside on a closing price basis and then descended to test it, a buy signal was rendered. Those who followed these technical analysis indicators have more than doubled their money in 3 months!
On the right of the chart the blue uptrend line begins where the purple downtrend was successfully tested. Resistance at .0018, the red line, created by the former wedge consolidation was broken giving a second buy signal. Those who bought there are up just under 100% at today's close.
The dark blue lines delineate a projected upward trend channel that was adhered to until today when it was broken to the upside. Note that the light blue secondary top line of the trend channel turned the price back. I drew these lines over a week ago and they played out accurately. Any trader who followed the classical charting precepts layed out by Granville, Zweig and others are sitting on 100% profits tonight if they had used technical analysis during KMAG's time in the grey market.