KYM Holdings is expected to undergo an uptrend reversal as it moved past above the immediate resistance level of MYR0.445 – forming a “White Marubozu” candlestick. If it manages to stay above that point, the bulls may drive the stock towards the resistance of MYR0.495, followed by MYR0.555. Conversely, falling below the MYR0.405 support level will cancel this expectation.
Source: RHB Securities Research - 17 Nov 2021
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Created by rhboskres | Aug 26, 2024