KCTrader7

KGB - Breaking ATH soon?

Long
MYX:KGB   KELINGTON GROUP BERHAD
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KGB.... VCP breakout previously. Currently it has pull backed a little. MA golden cross, RSI uptrend line is respected well too. I guess it's just a matter of time before it breaks ATH and find a new high. Banker chips at 50% and RSI at healthy level. Overall I'd say very potential to break new high, unless bad political news come out. Please note trading at this sentiment produces very high risk as anytime market can be very bad, hence please find a suitable Risk & Reward ratio that suits your risk tolerance levels.

R: RM1.34, RM1.53(Fibo R)
S: RM1.15, RM1.1

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