RHB Retail Research
Trading Stocks - KESM Industries
KESM Industries formed a long white candle, indicating that the momentum of buying could be strong. In view that the 21- day SMA line is likely to begin turning upwards, this implies a positive outlook sentiment. A bullish bias may emerge above the MYR7.75 level, with an exit set below the MYR7.30 threshold. Towards the upside, the immediate resistance is at MYR8.55. This is followed by the MYR9.00 level.
Source: RHB Securities Research - 22 Oct 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
