PublicInvest Research

Author: PublicInvest   |   Latest post: Thu, 21 Jan 2021, 11:57 AM


Technical Buy - KNM (7164)

Author:   |    Publish date:

  • Target Price: RM0.215, RM0.230
  • Last closing price: RM0.200
  • Potential return: 7.5%, 15.0%
  • Support: RM0.185
  • Stop Loss: RM0.175

Possible for further recovery. KNM is recovering from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.200 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.215 and RM0.230.

However, failure to hold on to support level of RM0.185 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 24 Nov 2020

Share this
Labels: KNM

Related Stocks

Chart Stock Name Last Change Volume 
KNM 0.185 -0.005 (2.63%) 20,984,300 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards

321  714  537  547 

Top 10 Active Counters
 DNEX 0.255+0.03 
 HPPHB 0.74+0.03 
 LAMBO 0.030.00 
 AT 0.18+0.005 
 VSOLAR 0.04+0.005 
 PNEPCB 0.305-0.025 
 FINTEC 0.08+0.005 
 DNEX-WD 0.045+0.01 
 KSTAR 0.255-0.065 
 XOX 0.0950.00 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!