KARYON

Sector: Industrial Products & Services

Analysed on 24/10/2021

KARYON did not managed to challenge its year high at RM 0.33 and formed double top. KARYON traded at its support (RM 0.28) on last Friday with immediate resistance at RM 0.315. The formation of double top provides an indication that KARYON is potentially on reversal trend. Should KARYON drop below its support, investors are advised to exercise caution.

Reason to monitor: Retracement to Support level

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