RHB Retail Research
Trading Stocks - Kelington Group
Kelington formed a white candle, which at the closing, crossed the resistance of MYR1.29. This suggests that the rebound that started from the MYR1.21 support is extending. A bullish bias may emerge above MYR1.29, while a stop-loss can be placed below the MYR1.25 support level. Resistance points are expected at MYR1.36, followed by MYR1.40.
Source: RHB Securities Research - 19 Sept 2019
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