RHB Retail Research
Technical Analysis - Keck Seng (Malaysia)
Keck Seng may climb higher after posting a white candle and leaving an upside gap yesterday. The 21-day SMA line will likely start turning upwards, which implies a positive outlook. A bullish bias may emerge above the MYR4.08 level, with an exit set below the MYR3.95 level. Towards the upside, the immediate resistance is at MYR4.24. This is followed by the MYR4.35 level.
Source: RHB Securities Research - 13 Dec 2018
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