Kimlun

The Mark - up Phase (July 2010 - Apr 2011 - 10 months)
Kimlun was listed in Mid 2010 around 90 sen to 1.00. Principally engaged in pre-fabrication construction system. The advantages of the system are cost and time saving in construction activities. Its construction process cuts down construction time at the site. It also require less construction workers as the "wall" is pre-fabricated at factory. It has a large order book at the time of listing, hence it solid fundamental has pushed the stock to its high within a year to 2.00, achieved more than 100% gain. Marvelous!

The Distribution Phase
This is the most interesting phase. it has multiple double tops
1. Oct & Nov 2010
2. Jan & Feb 2011
3. Apr & May 2011.
The demand was so strong that it remained on uptrend channel.

The Mark-down phase (Jul 2011 - Sep 2011)
The strong support at 1.70 level was broken in July 2011. It was mark-up down furiously by 40% within 3 months from 1.70 level.

Accumulation Phase (Sep 2011)
A mini accumulation phase occurred in Aug 2011. The serious accumulation commence in the end of Sep 2011.

The Mark - up Phase (Oct 2011)

The Distribution Phase (Nov 2011)
A double top appeared

The Mark-down phase (Dec 2011)

The Accumulation phase - begin in Jan 2012??

The Insider Move
The major shareholders moved into this stock in Sep 2011 - signified the bottom of this stock. Coincidentally it is during the Accumulation phase above. We have yet to see the insider move into the stock into this work in Jan 2012.





The results
Fundamentally Kimlun remained profitable throughout the Mark-up Phase - signify the sound fundamental of the stock




TA Observation
1. Divergence in Dec 2011 - price move lower low from mid Dec to end Dec 2011 while RSI move higher low in the same period.
2. Exceptionally higher volume in end Dec 2011 with price move lower - signify SELLING CLIMAX.
3. Price move higher day after day after the selling climax.
4. MA10 crossing MA20 soon

Action
BUY