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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KGBCreated by rhboskres | Aug 26, 2024