Wisdom Wise

KSeng On Verge Of A Breakout

Ben Gan
Publish date: Tue, 06 Aug 2013, 09:16 PM
Ben Gan
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The above daily chart of KSeng shows that the stock is on the verge of a breakout. The overhead resistance is at RM5.34. Once this level is decisively breached, the stock should be on its way to a higher level. This stock is cash-rich and land-rich as well. Most of its lands are in the Iskandar region
where land value has improved immensely in recent years.

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