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
Chart | Stock Name | Last | Change | Volume |
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Created by kiasutrader | Dec 08, 2015
Created by kiasutrader | Dec 07, 2015
Created by kiasutrader | Dec 04, 2015
Created by kiasutrader | Dec 03, 2015
CKNYAM
Good earning n low Pe. At such price big Margo of safety but not for the ksl cg
2017-02-09 15:37