Kimlun Corporation bounced off the resistance-turn-support level of MYR0.845 on higher trading volume. Strong buying interest emerged near the MYR0.845 level. With the bullish momentum, the uptrend may extend towards the next resistance of MYR0.91, followed by MYR0.955. Conversely, breaching below the MYR0.845 support would cancel this expectation.
Source: RHB Securities Research - 5 Apr 2021
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Created by rhboskres | Aug 26, 2024