![](/pub/blog/bl24/kr_20210920140733.png)
Kronologi Asia Bhd (KRONO, 0176)
- KRONO closed 1.5% higher at RM0.665 on Tuesday.
- KRONO is slowly climbing along its uptrend line. KRONO also managed to stay above the crossover of its MA20 and MA50.
- Buying momentum is set to resume along with higher trading volume accompanied by upticks in indicators, hence KRONO is poised to move higher.
- Resistance levels are identified at RM0.700 (R1) and RM0.725 (R2).
- On the flipside, support levels are pegged at RM0.655 (S1) and RM0.625 (S2).
![](/pub/blog/bl24/kr2_20210920140738.png)
Source: Rakuten Research - 17 Sept 2021