RHB Retail Research
Technical Analysis - K-One Technology
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K-One Technology may climb higher after posting a long white candle and hitting its new 52-week high. As the 21-day SMA line is likely to begin turning upwards, this has enhanced the positive sentiment. A bullish bias may emerge above the MYR0.215 level, with an exit set below the MYR0.195 threshold. To the upside, the immediate resistance is at MYR0.24. This is followed by the MYR0.255 level.
Source: RHB Securities Research - 13 Aug 2018
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