KUALA LUMPUR (Sept 13): RHB Retail Research said Kerjaya Prospek Group Bhd may climb higher after forming a white candle and hitting its new 52-week high.
In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term.
“A bullish bias may appear above the RM3.76 level, with an exit set below the RM3.50 threshold.
“Towards the upside, the immediate resistance level is at RM4.00. This is followed by the RM4.50 level,” it said.