Kerjaya Prospek Group may rise higher after it posted a long white candle and hit a new multi-year high yesterday. As the stock also broke out of the 1-month bullish rectangle pattern a few sessions ago, it may see additional strength in the near term. A bullish bias may emerge above the RM1.44 level, with stop-loss set at RM1.33, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM1.60, followed by RM1.70.

Entry : RM1.44–1.52

Target : RM1.60, RM1.70

Exit : RM1.33

Source: AmInvest Research - 9 Nov 2023