KMA Global Solutions International (KMAG)

[museman]

2 day chart. The volume indicators are interesting. the spikes in volume could be supposed to be single transactions. The spikes also occur on upticks or high level consolidation. On Friday there was relatively heavy volume with the money flow indicator rising. Even though there was no net price change on that day the majority of the volume can be presumed to be buys.
That could be construed as Joe Granville's "volume before price" postulate, because today there was certainly price change.
The volume decreased today so we can't call today a high volume breakout, and a test of .005 is highly possible. Increasing volume on upticks in the next days would be quite bullish.