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AmResearch

Author: kiasutrader   |   Latest post: Wed, 8 Feb 2017, 11:21 AM

 

Stocks On Radar - KSL Holdings Bhd

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KSL was testing the MYR1.12 resistance level with a bullish white candle and strong volumes in its latest session. The stock may experience a further technical rebound if it breaches this point in the near term. The target price is set at MYR1.21, followed by MYR1.31. However, it may drift sideways if it cannot violate this point in the near term. In this scenario, support is expected at MYR1.00 whereby traders may exit to avoid the risk of further weakness.

Trading Call: Buy on further technical rebound above MYR1.12 Target: MYR1.21, MYR1.31 (time frame: 2-4 weeks) Exit: MYR1.00

Source: AmInvestment Research - 8 Feb 2017

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Labels: KSL

Related Stocks

Chart Stock Name Last Change Volume 
KSL 0.605 0.00 (0.00%)

  Be the first to like this.
 
CKN Good earning n low Pe. At such price big Margo of safety but not for the ksl cg
09/02/2017 3:37 PM
yfchong the risk is minimal.......... flexural point...
09/02/2017 3:44 PM
Tom Leem almost bottom no worry, collecting
17/02/2017 1:28 PM


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