RHB Retail Research
Trading Stocks - Kim Hin Joo (Malaysia)
Kim Hin Joo may move higher after it tested MYR0.245 support recently. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.30 level, with an exit set below the MYR0.245 threshold. Towards the upside, the immediate resistance is at the MYR0.35 level. This is followed by the MYR0.375 threshold.
Source: RHB Securities Research - 28 Aug 2019
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