KNM’s downtrend should continue after closing below the RM0.70 support level yesterday. A position can be liquidated below the level and supports are expected at RM0.65 and RM0.60. A close back above RM0.70 could see the return of buying but it is only confirmed on a close above RM0.76. This will lead to a rebound and resistance levels are at RM0.88 and RM0.94.
Source:
OSK
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