Kelington Group may rebound further after it tested MYR1.27 support in its latest session. As the stock has formed a long white candle above the 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR1.27 level, with an exit set below the MYR1.27 threshold. Towards the upside, the near-term resistance is at MYR1.40. This is followed by the MYR1.50 level.

Source: RHB Securities Research - 17 Apr 2019