Komarkcorp may move higher after it continued holding above the MYR0.275 support. Yesterday’s candle formed a “Hammer” pattern, implying a potential rebound. A bullish bias may appear above the MYR0.30 level, with an exit set below the MYR0.275 threshold. Towards the upside, the near-term resistance is at MYR0.35. This is followed by the MYR0.39 level.
Source: RHB Securities Research - 14 May 2019
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Created by rhboskres | Aug 26, 2024