RHB Retail Research
Technical Analysis - Kelington Group
Kelington Group was testing the MYR0.95 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.00, followed by MYR1.10. The stock may drift sideways if it cannot surpass the MYR0.95 threshold in the near term. Support may be found at MYR0.875, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 26 Sept 2018
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