RHB Retail Research
Trading Stocks - SKP Resources
SKP Resources may rebound further after it tested the MYR1.00 support lately. Last Friday’s candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR1.10 level, with an exit set below the MYR1.00 mark. Towards the upside, the immediate resistance is at the MYR1.27 level, followed by the MYR1.34 threshold.
Source: RHB Securities Research - 20 Apr 2020
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