KMA Global Solutions International (KMAG)

[museman]

Despite the silence from KMAG the chart is in an uptrend. The long term indecision triangle has been nullified when the price punctured the the declining tops line (red) that turned back the price 6 times since 2011. Now KMAG is trending along an intermediate term rising bottoms line (red). There is substantial resistance at .01 and until that is broken KMAG is locked in a wedge with support at the red rising bottoms line and the blue resistance at .01. Until this pattern is broken all arguments about KMAG have not affected the trend which is indecision with an upward bias.
Just an observation: the last PR was met with such skepticism and rancor that I sympathize with the silence from the company. But the fact that the price hasn't collapsed indicates that there is faith that the outline in last PR will play out as evidenced by the uptrend indicating there are more buyers than sellers.