RHB Retail Research
Trading Stocks - KSL
KSL may climb higher after posting a long white candle and leaving an upside gap. Yesterday’s candle sent the stock to its 3-month high, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.85 level, with an exit set below the MYR0.795 threshold. Towards the upside, the near-term resistance is at MYR0.93. This is followed by the MYR0.96 level.
Source: RHB Securities Research - 16 Jul 2019
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