Kenanga Research & Investment
Highlights / Stock Picks of the Day - MKH Berhad (MKH) – Not Rated
MKH was up 22.0 sen (5.79%) yesterday to close at RM4.02. Technically speaking, the share price has broken out from the “Ascending Triangle” chart pattern at RM 3.92. Trend looks positive with MACD seen staging a crossover on the Signal line. Key momentum indicators (Stochastic and RSI) are also trending upwards, indicating buying momentum is pilling up. Traders should look to take profit at RM4.86 at 3 bids below our target price objective of RM4.89.
Source: Kenanga
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
