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Re: None

Saturday, 01/25/2014 12:58:47 PM

Saturday, January 25, 2014 12:58:47 PM

Post# of 232508
The chart still shows KMAG in an uptrend channel (light blue) with long term support (blue) in place.
2 weeks ago I suggested that after breaking above long term resistance of the (red) downtrend, without news we could expect the price to drift downward along the former(red)downtrend line. That is what is occurring. Until .01 is broken to the upside on substantial volume the message is "hurry up and wait."