RHB Retail Research
Trading Stocks - KKB Engineering
KKB Engineering may trend higher after it formed a long white candle and breached above the MYR1.00 threshold. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR1.00 level, with an exit set below the MYR0.90 threshold. Towards the upside, the immediate resistance is at MYR1.13. This is followed by the MYR1.20 level
Source: RHB Securities Research - 15 Feb 2019
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