KMA Global Solutions International (KMAG)

[museman]

Lowman is right as usual. The chart experienced a breakout of intermediate term resistance at .01.(red) It has made a snap back retest to .01. If price goes up from here the .01 level is new support. A price move below .01 is not a big concern as the uptrend channel (blue) allows for closing price of .0075 at the lower support line of the channel.
Other chart patterns indicate a bullish trend:
1)The long term declining tops line (grey) has been broken.
2)There is a fan formation of rising bottoms support levels. ( the two green lines and blue line)
3)The wedge formation has been broken to the upside. (red resistance and green and blue support possibilities)
The chart is now in fully bullish mode. Any downward spikes will be met with strong upwardly biased support levels.