Mar 18, 2010

Keck Seng stock code 3476 kseng

Active Stock Review – Keck Seng (M) Bhd Thursday, 18 Mac 2010

klse-kseng-chart

Chart wise
Keck Seng (M) Bhd (3476-Main Market-Industrial Products) 
Keck Seng’s share price has risen strongly since two weeks ago. The stock has gained a lot and is struggling to clear the RM5.55-RM5.57 level. Its core indicators are starting to slip from their respective upper limits; but MACD continues to be positive. 

Thus, the present scenario could be an alternative to lock in profits first.  Supports are at RM5.15 and RM5.00, while resistances are at RM5.45 and RM5.56. 

source: Mercury Securities