RHB Retail Research

Trading Stocks - KKB Engineering

rhboskres
Publish date: Thu, 22 Aug 2019, 05:11 PM
rhboskres
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RHB Retail Research

KKB Engineering was testing the MYR1.50 level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.60, followed by MYR1.70. The stock may take a breather if it cannot breach above the MYR1.50 threshold in the near term. Support may be found at MYR1.36, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 22 Aug 2019

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