RHB Retail Research

Trading Stocks - KKB Engineering

rhboskres
Publish date: Wed, 20 Mar 2019, 05:13 PM
rhboskres
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RHB Retail Research

KKB Engineering may move higher after it continued holding above the MYR1.17 support. As the stock is trading above the rising 21-day SMA line, the positive sentiment has been enhanced. A bullish bias may appear above the MYR1.24 level, with an exit set below the MYR1.17 threshold. Towards the upside, the near-term resistance is at MYR1.35. This is followed by the MYR1.46 level.

Source: RHB Securities Research - 20 Mar 2019

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