RHB Retail Research
Trading Stocks - Kerjaya Prospek
Kerjaya Prospek has likely completed its retracement phase with the retesting of the 21-day SMA line about a week ago. Recent sessions’ price actions indicate that it is highly possible the uptrend has likely resumed. This positive price trajectory should remain in place, provided the MYR1.07 support does not fail. The resistance thresholds are estimated at MYR1.17 and MYR1.25.
Source: RHB Securities Research - 16 Mar 2021
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