Upward Momentum Continues – Sern Kou Resources (7180)

Sern Kou Resources continues its strong upward momentum and breached the psychological resistance of RM0.700 and RM0.710, removing doubts of trader on its strong performance. We expect the company to continue perform in the same manner with the shorter-term TP of RM0.770 and RM0.810. In the near term, RM0.720 / RM0.700 is expected to be the key support level for the company.

EP: RM0.735 (Current Level)

TP: RM0.770 / RM0.810

CL: RM0.695