SernKou Stock Code 7180
Sern Kou Resources may trend higher after climbing above the MYR0.88 level in its latest session to mark a new high. A bullish bias may be present above this point, with a target price of MYR1.00. On the other hand, the stock may turn sideways if it dips back below the MYR0.88 level. Support may be found at MYR0.81, where traders can exit upon a breach to avoid the risk of a further correction.
Source: RHB Research – 20/04/2016
SERN KOU RESOURCES BERHAD
The Group an integrated furniture manufacturer is principally involved in manufacturing and distribution of rubberwood and metal furniture and trading of kiln-dried rubberwood.