An official blog in I3investor to publish research reports provided by Rakuten Trade research team.
All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
KPOWER surged 13.6% or 11 sen to RM0.92 yesterday.
KPOWER closed with a long bullish white candle coupled with higher-than-average trading volume yesterday. With the recent entry of new shareholder and management team, this could be turning point for the loss-making company. Key momentum indicators flashing an upward bias and MACD is also displaying positive state and may see it re-test new high.
From here, resistance levels are expected at RM0.94 (R1) and further to RM0.96 (R2).
On the flip slide, support levels are found at RM0.78 (S1) and RM0.745 (S2).
Be the first to like this. Showing 0 of 0 comments
Post a Comment
People who like this
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3595 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....