KMA Global Solutions International (KMAG)

[museman]

The "charts don't work with grey stocks" litany has arisen again. Technical analysis does work with KMAG. The red arrows indicate technical resistance points that I posted or told friends about. On many of these occasions the psychological atmosphere was exuberant. I warned that the chart demanded caution and on a couple occasions I was called a basher. Being negative about the Stock price of KMAG doesn't equate to being negative on the company.
The green arrows are buy signals where I bought and posted that buying was a low risk prospect at these levels. Friends and myself were able to accumulate because volume was high at these levels while panic selling occurred.
Despite any arguments, pro or con about the company the stock has been tradeable with ample volume at reversal points.