KMA Global Solutions International (KMAG)

[museman]

This simplified 2 year line chart connects closing prices eliminating wild intra day volatility and clearly delineating the trends.
Two weeks ago the price failed to hold above the long term descending tops line of the massive indecision pattern (in blue). The price also failed to breach the .014 resistance (red) set by the post suspension collapse. This indicated that the 500% move from the Nov-Dec bottom had exhausted it's momentum and some consolidation was in order.
A former support level of .01 (green) has been the focal point of that consolidation. A long term buy signal and trend reversal will be signaled when the price holds above the blue declining tops line at around .013. A strong confirmation will be a basing above the red intermediate term resistance line at .014.
Optimism is fueled by the quick move off the bottom and probability points to a resolution of the indecision pattern to the upside..... contingent upon continued revenue increases and up list progress.