RHB Retail Research

Trading Stocks - KNM Group

rhboskres
Publish date: Thu, 07 Nov 2019, 05:43 PM
rhboskres
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RHB Retail Research

KNM Group was testing the MYR0.47 threshold in recent sessions. A bullish bias may be present above this point, with a target price of MYR0.50, followed by MYR0.52. The stock may consolidate further if it cannot breach above the MYR0.47 mark decisively in the coming sessions. Support may be found at MYR0.43, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 7 Nov 2019

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