AmInvest Research Reports

Stock on Radar - KSL Holdings

AmInvest
Publish date: Fri, 17 Nov 2023, 09:51 AM
AmInvest
0 9,336
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

We expect further upside for KSL Holdings given that it took out the 11-week downtrend line 2 sessions ago. The stock is pushing near its 52-week high, supported by its rising EMAs, and this likely indicates that an upward momentum may be picking up. A bullish bias may emerge above the RM1.14 level, with a stop-loss set at RM1.02, below the 1 Nov low. Towards the upside, the near-term resistance level is seen at RM1.30, followed by RM1.40.

Entry : RM1.14–1.16

Target : RM1.30, RM1.40

Exit : RM1.02

Source: AmInvest Research - 17 Nov 2023

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment