RHB Retail Research

Trading Stocks - KKB Engineering

rhboskres
Publish date: Wed, 19 Feb 2020, 10:59 AM
rhboskres
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RHB Retail Research

KKB Engineering was testing the MYR1.95 level lately. A bullish bias may be present above this point, with a target price of MYR2.05, followed by MYR2.20. The stock may consolidate further if it cannot breach above the MYR1.95 threshold decisively in the coming sessions. Support may be found at MYR1.85, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 19 Feb 2020

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