RHB Investment Research Reports

Trading Stocks - KGW

rhbinvest
Publish date: Mon, 27 May 2024, 10:30 AM
rhbinvest
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KGW staged a bullish breakout, eyeing to extend the upside movement as the counter climbed above the MYR0.20 resistance on the back of high volume. The latest breakout has confirmed a bullish setup. The renewed momentum should propel the counter towards the next resistance pegged at MYR0.22, followed by MYR0.24. On the flipside, falling below the MYR0.18 support will negate the bullish setup.

Source: RHB Securities Research - 27 May 2024

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