RHB Retail Research
Technical Analysis - K-One Technology
K-One Technology may climb higher after forming another white candle and leaving an upside gap. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may appear above the MYR0.25 level, with an exit set below the MYR0.22 threshold. Towards the upside, the near-term resistance is at MYR0.285. This is followed by the MYR0.30 level.
Source: RHB Securities Research - 5 Oct 2018
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