Rakuten Trade Research Reports
Technical View - Kim Hin Joo (Malaysia) Bhd (KHJB, 0210)
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Publish date: Wed, 13 May 2020, 01:24 PM
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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/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Kim Hin Joo (Malaysia) Bhd (0210)
• KHJB closed at RM0.22 yesterday.
• Chart-wise, share price is recovering after bottoming out on the back of higher volume recently indicating strong buying momentum. Coupled with the positive key indicators, share price is likely to stage a bullish breakout towards the RM0.28 level.
• As such, resistance levels are seen at RM0.240 (R1) and RM0.275 (R2).
• On the downside, support levels are identified at RM0.190 (S1) and RM0.115 (S2).
Source: Rakuten Research - 13 May 2020
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