RHB Retail Research says Kelington Group Berhad formed a white candle to cross above MYR1.01 mark and the 21-day SMA line – this indicates a good possibility that its rebound may be extending.
In a trading note, the research house says a positive bias may emerge above MYR1.01 with resistance levels expected at MYR1.06 followed by MYR1.13.
“A stop-loss can be placed below MYR1.01.”
