KESM Industries may climb higher after posting a white candle and hitting its highest close in more than eight months. With the 21-day SMA line edging upwards, this implies positive outlook sentiment. A positive bias may emerge above the MYR8.60 level, with an exit set below the MYR8.10 threshold. Towards the upside, the immediate resistance is at MYR9.30. This is followed by the MYR10 level.Kim Loong Resources may rise higher after forming a white candle and hitting its new 52-week high. This can be viewed as a continuation of the bulls extending the buying momentum from 21 Nov’s upside gap. A positive bias may emerge above the MYR1.35 level, with an exit set below the MYR1.27 threshold. Towards the upside, the immediate resistance is at the MYR1.45 level, followed b

Source: RHB Securities Research - 26 Nov 2019