KPJ Healthcare was testing the MYR0.83 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR0.905, followed by MYR0.955. The stock may take a breather if it cannot breach above the MYR0.83 mark in the coming sessions. Support may be found at MYR0.72, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 24 Mar 2020
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