RHB Retail Research

Trading Stocks - Kelington Group

rhboskres
Publish date: Tue, 19 Mar 2019, 09:21 AM
rhboskres
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RHB Retail Research

Kelington Group may move higher after it continued holding above the MYR1.21 support. Yesterday’s candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.27 level, with an exit set below the MYR1.21 threshold. Towards the upside, the near-term resistance is at MYR1.40. This is followed by the MYR1.50 level.

Source: RHB Securities Research - 19 Mar 2019

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