Kerjaya Prospek is poised to extend its upside movement after breaking past the key resistance level with high volume. We observed that the counter climbed above the MYR1.73 resistance to chart a fresh “higher high” bullish candlestick. As the bullish momentum picks up, the stock should travel towards MYR1.88, followed by MYR2. The correction phase will be resumed if it falls below the MYR1.64 support.
Source: RHB Securities Research - 13 Feb 2024
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