KAM is trying hard to rise up and break thru 60 cents but so far is failing at 60 cents. Still trying, if KAM keeps failing at 60 cents and doesn't break thru soon, and target 75 cents , we could see sellers attack at 60 resistance and take KAM back to 50 and 48 support.
ok, as long as 48 cent area holds support. IF that fails, say hello to the 42 bottom all over again.
you know the story about Sisyphus.....
The rally from the 42 cent bottom,to a top at 62 was a nice almost 50 % move. traders would be happy,I guess.
investors like me, are still stuck in the waiting room.
Cant really get too excited about KAM until it recovers to 1 dollar zone. 84 cents is a double off the bottom. Have to think about selling a little if it gets there. even at 75 cent area. as a technical zone.
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