KSX 0.00% 1.5¢ karmelsonix ltd

'expect it to reach its resistance level of 28.5c and then trend...

  1. 7,409 Posts.
    'expect it to reach its resistance level of 28.5c and then trend down to 5c. A lot of punters riding this one'

    Malmanu,

    Can I also ask you why you think this company will get to 28.5c anddrop back to 5c. That seems like a very 'sensationalist' comment. Also, how do you know how many 'punters' are riding this? The voulmes have actually been relatively low as percentage of total shares, so I'd suggest that there are actually quite a few longer-term holders in this. Could be wrong, but I'm still interested in your reasoning.
 
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