RHB Retail Research

Trading Stocks - KKB Engineering

rhboskres
Publish date: Mon, 25 Feb 2019, 10:42 AM
rhboskres
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RHB Retail Research

KKB Engineering may climb higher after posting a long white candle and hitting its new 52-week high. This upward momentum is likely to continue, given that it has posted a third consecutive white candle. A bullish bias may emerge above the MYR1.07 level, with an exit set below the MYR1.03 threshold. Towards the upside, the immediate resistance is at MYR1.20. This is followed by the MYR1.28 level.

Source: RHB Securities Research - 25 Feb 2019

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