20 January 2014
REPOST - Has manage to clear above 0.040 last Friday after posting. As mentioned, more upside as long as 0.040 holds as new support.
Sent: Friday, January 17, 2014 12:14 PM
KLW has been consolidating from 0.034 to 0.040 for about 2 weeks already. Seems likely to test the 0.040 again. Critical level to watch on more upside with the right volume. Can consider accumulating if it dips to near 0.034 support, also the 20 DAY MA support, which it can also rebound from. A break above 0.040 can see it go to 0.045 to 0.050 fast before some consolidation again. Take profit along the uptick.
Stop loss 0.029.
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