RHB Retail Research
Trading Stocks - Kerjaya Prospek Group
Kerjaya Prospek Group may rebound further after it tested MYR1.18 support in its latest session. Given that the stock has formed a “Hammer” pattern on 13 May, this indicates a potential rebound. A bullish bias may emerge above the MYR1.23 level, with an exit set below the MYR1.18 threshold. Towards the upside, the immediate resistance is at MYR1.34. This is followed by the MYR1.40 level.
Source: RHB Securities Research - 21 May 2019
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