Friday, February 14, 2014

********** Downside in the short term before rebound: KLW. Share price 0.037. REPOST - NOW 0.035

REPOST - NOW 0.035

 

Sent: Thursday, February 13, 2014 4:04 PM
Subject: ********** Downside in the short term before rebound: KLW. Share price 0.037.

 

Seems like it is unable to hold above the 0.038 support and buyers at 0.037 pulling out at the moment. A convincing breakdown with buyers completely taken out at 0.037 and 0.036 can see it go to 0.034 then 0.030. Note that it has also broken below the channel support line (Upward sloping) a few days back which can signal some change to downtrend. Those with long positions might want to consider to cut loss first.

 

 

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