Kenanga Research & Investment
Highlights / Stock Picks of the Day - KPS Konsortium Berhad (KPS) - Not Rated
KPS share price has gapped up 5 sen (8.47%) to settle at RM0.64 yesterday with a spike in trading volume. All three SMAs are hooking upwards, laying a hand on a bullish bias. The MACD has crossed over the signal line suggesting that strong buying momentum persists. RSI and Stochastics indicators are also on the uptrend but are in overbought territory. In tandem with the strong showing on trading volume, we expect share price to push towards RM0.70 (R1), and consecutively RM0.75 (R2).
Source: Kenanga
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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....
