RHB Retail Research says Kelington Group Berhad broke away from its consolidation phase around the 21-day SMA line, which indicates that its uptrend is likely resuming.
In a trading note, the research house says a positive bias may emerge above MYR1.11, with resistance points at MYR1.19, followed by MYR1.25.
Traders can set a stop-loss below MYR1.11.
