KSL Holdings has been range-bound during recent sessions. Higher trading volume was recorded at the latest session. With a rising RSI above 50%, there is a possibility it will break above the resistance price of RM0.81, and move towards a target price of RM0.845 followed by RM0.88. The immediate support is anticipated at RM0.775, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy upon breakout above RM0.81

Target: RM0.845, RM0.88 (time frame: 3-6 weeks)

Exit: RM0.775

vvvvvvvvv

Source: AmInvest Research - 11 Jul 2019