PeterTing

KGB – Is it time to Buy ON Dip?

MYX:KGB   KELINGTON GROUP BERHAD
Greetings to all.
Technical review on KGB
1. An uptrending stock now showing a sideway triangle pattern.
2. Strong presence of buyers since breakout 0.85 until price hits 1.28. (Green Up Arrows spotted, refer to chart)
3. Sideway now with 1.06 as crucial support. Yellow candle (yellow indicates weakness) appears but 1.06 is taken as the last crucial support.
4. Breaking this 1.06 support, I will anticipate the price at two support levels, 0.955 and 0.85.

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