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Kronologi Asia expected to rebound higher, says RHB Retail Research

2021-09-13T23:25:58+08:00September 13th, 2021|0 Comments
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KUALA LUMPUR (Sept 14): RHB Retail Research said Kronologi Asia Bhd is expected to rebound higher towards the multi-week high, as it breached above the immediate resistance of 66 sen on high trading volume – forming a “White Marubozu” bullish candlestick.

In a trading stocks note today, the research house said that premised on the strong bullish interest, it expects the uptrend to resume and propel the stock towards the next resistance of 70.5 sen, followed by 72.5 sen – its multi-week high.

“Conversely, falling below the 62.5 sen support will cancel this expectation,” it said.

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