RHB Retail Research: Kronologi Asia shows signs of rebound

RHB Retail Research says Kronologi Asia Berhad showed initial signs of staging a rebound off the MYR0.555 support level in the latest two sessions, and crossed above the 21-day SMA line yesterday.

In a trading note, the research house says a positive bias may emerge above MYR0.555, with resistance levels at MYR0.59 followed by MYR0.61.

A stop-loss can be set below MYR0.555.

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