AmInvest Research Reports

Stock on Radar - KSL Holdings

AmInvest
Publish date: Tue, 09 Jan 2024, 09:45 AM
AmInvest
0 9,463
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KSL Holdings may rise higher after it surged to a new multi-year high and closed above the RM1.26 resistance yesterday. With 20-day and 50-day EMAs starting to trend higher again, additional upside strength may be present in the near term. A bullish bias may emerge above the RM1.26 level, with stop-loss set at RM1.16, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM1.50, followed by RM1.60.

Entry : RM1.26–1.32

Target : RM1.50, RM1.60

Exit : RM1.16

Source: AmInvest Research - 9 Jan 2024

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