Kronologi Asia was testing the MYR0.57 level in recent sessions. A bullish bias may be present above this point with a target price of MYR0.60, followed by MYR0.625. The stock may take a breather if it cannot breach above the MYR0.57 threshold in the near term. Support may be found at MYR0.52, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 18 Jun 2019
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Created by rhboskres | Aug 26, 2024