RHB Retail Research
Trading Stocks - Kein Hing International
Kein Hing International is poised to rebound upwards as it mildly bounced off its support level yesterday – following the recent pullback. If it manages to rebound higher and breach the recent high of MYR0.93, the bulls may climb towards the MYR1.02 resistance, followed by the MYR1.06 mark. However, falling below the MYR0.87 support – below the 21-day average line – may see the stock descend further.
Source: RHB Securities Research - 16 Dec 2021
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