Eggyrice
KGW Group – Poised to Challenge RM0.300
Sea freight specialist KGW Group had shown significant price movement for the past week followed by strong volume when closing on Friday. With support levels of RM0.250 (S1) and RM0.230 (S2) respectively, we think KGW is likely to first challenge its previous 52-weeks high of RM0.285 (R1), followed by RM0.300 (R2).
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