KANGER INTERNATIONAL BERHAD – Potential Breakout to Come

KANGER (KLSE:0170) is still in our observation list as the share had yet to breakout from its consolidation channel. However, a positive surprise for all investors is the increased accumulation up to 252.1 million, as well as neutral RSI index for now. We suspect there could be a slow collection from operators to prepare for the next challenge to RM0.090, which represents a 30.99% upside based on current price.

Disclaimer: This is just my view and technical comment on KANGER and we do not represent any buy or sell ideas.