KCMH Announces Wireless Power Deal Which Has Ties With Intel






        

 
  
KCMH Holdings Corp. (OTCPK: KCMH) is trading up 7.14% as I write this..and is poised to move higher!
 
This morning, the Company Announced that a letter of intent (LOI) was signed to incubate a wireless power company.
The company has strategic agreements with Intel Corp (NASDAQ: INC) for the development of its innovative energy products and with the help of KCM Holdings, aims to become a publicly traded company in 2010. ï»¿ï»¿
For more information on the complete press release, go here:   http://finance.yahoo.com/news/KCM-Holdings-Announces-bw-3830114154.html?x=0&.v=1
 
With the added news combined with the strong uptrend, I expect KCMH to continue upticking throughout this week.
Below is a quick snapshot of KCMH’s chart which mentions that
(1) KCMH could display continued upward movement as accumulation of shares continues
(2) The Accumulation Line has been making new highs
(3) An Ascending Triangle Pattern was formed as the stock consolidated…look for buying pressure to continue and break above the triangle which would be a bullish signal.


 

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As KCMH.PK continues to announce news and attract traders, an increase in share price is expected.
 
Watch KCMH.PK trade since it is poised to move upwards.

 

 
 
 

Best Regards,
 
 
 
 
 
 
 
 
 
 
 
 
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