SKPRES (7155) The price of this counter seem to have crossed the 20MA line and closed above the 50MA line. With the MACD indicator showing a golden crossing and the green histogram bar is above the 0 line.

All these conditions shows that Skpres is going on an uptrending mode.

We anticipate that this counter will go up breaking resistance at 1.250 and proceed higher.

A little glimpse from Alliance DBS research they are giving a TP 1.550 because of securing contracts and new plant to enhance capacity of production.

Skpres already secured a 4 year contract worth RM2bn for producing cordless vacuum cleaners.

Another good stock brought to you by Kim & Spartans

Happy trading and good luck. TAYOR

Regards,

Ms Kana

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