Kim Loong may fall further after it failed to stay above the RM2.70 resistance level. A position can be liquidated below the level and supports are expected at RM2.48 and June low of RM2.30. Consecutive closes above RM2.70 will nullify the weak bias, and look for the stock to trade higher instead. Resistance is at RM3.10.
Source: OSK
No comments:
Post a Comment