KYM Holdings is climbing higher as it broke away from the immediate resistance of MYR0.555 on higher trading volume – forming a long white candlestick. If it maintains above that level, the bullish momentum may follow through towards the next resistance at MYR0.655, followed by MYR0.74. However, if it falls below the MYR0.53 support level – forming a “lower low” pattern, this expectation will be cancelled.
Source: RHB Securities Research - 9 Sept 2021
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Created by rhboskres | Aug 26, 2024