RHB Retail Research says Karex Berhad formed a white candle to cross above the MYR0.535 resistance, likely marking the end of the recent sessions’ correction phase.
In a trading note, the research house says a positive bias may emerge above MYR0.535 with resistance levels eyed at MYR0.56 and MYR0.595.
“A stop-loss can be placed below MYR0.53,” it says.
