Kerjaya Prospek Group Bhd (KERJAYA, 7161)
• Share price closed 2.6% higher at RM1.20 on Monday.
• KERJAYA is staging a rounding bottom and formed White Marubozu candlestick yesterday. It started to trade above all key moving averages since yesterday.
• Coupled with upticks in its indicators & MACD bullish signal, share price is expected to continue with its upside momentum.
• Resistance levels are identified at RM1.24 (R1) and RM1.36 (R2).
• On the flipside, support levels are pegged at RM1.17 (S1) and RM1.11 (S2).
Source: Rakuten Research - 8 Jun 2022
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