RHB Retail Research
Trading Stocks - KKB Engineering
KKB Engineering may trend higher after it formed a long white candle and breached above the MYR1.40 threshold. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR1.40 level, with an exit set below the MYR1.34 threshold. Towards the upside, the near-term resistance is at MYR1.50. This is followed by the MYR1.60 level.
Source: RHB Securities Research - 2 Aug 2019
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