RHB Retail Research

Trading Stocks - KKB Engineering

rhboskres
Publish date: Thu, 27 Feb 2020, 05:23 PM
rhboskres
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RHB Retail Research

KKB Engineering may rebound further after it tested the MYR1.95 support recently. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR2.10 level, with an exit set below the MYR1.95 point. Towards the upside, the immediate resistance is at the MYR2.40 level, followed by the MYR2.60 threshold.

Source: RHB Securities Research - 27 Feb 2020

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