RHB Retail Research
Trading Stocks - KKB Engineering
KKB Engineering was testing the MYR1.58 level in recent sessions. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR1.75, followed by MYR1.91. The stock may take a breather if it cannot breach above the MYR1.58 threshold in the near term. Support may be found at MYR1.40, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 3 Apr 2020
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