RHB Retail Research

Trading Stocks - Kelington Group

rhboskres
Publish date: Wed, 23 Oct 2019, 10:14 AM
rhboskres
0 9,021
RHB Retail Research

Kelington Group was testing the MYR1.40 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR1.45, followed by MYR1.50. The stock may take a breather if it cannot breach above the MYR1.40 mark in the coming sessions. Support may be found at MYR1.29, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 23 Oct 2019

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