KMA Global Solutions International (KMAG)

[museman]

Long term chart. The channel from October to last week has been decisively overcome despite a gap on March 11. Those who bought on the breakout (green line) are grinning today. Now we are up to the long term declining resistance line (red). Some may take this as a profit taking point and we could consolidate here. Some will see this as a long term buy signal. The interplay between these two forces will determine if we are forming resistance or support. Alternatively, we could form a flag pole and overtake previous highs. I placed my bets.