Komarkcorp may rise higher after it breached above the MYR0.32 threshold. In view that the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.32 level, with an exit set below the MYR0.295 threshold. Towards the upside, the immediate resistance is at the MYR0.36 level. This is followed by the MYR0.39 level.
Source: RHB Securities Research - 19 Aug 2019
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Created by rhboskres | Aug 26, 2024