Kimhin technical analysis. Stock Code 5371
KIMHIN has rebounded off the RM1.58 level with improved volumes. The MACD Indicator is recovering below the zero level. The RSI has surged above 30 – suggesting that the positive momentum could be picking up. Price may rally towards the RM2.07-RM2.20 levels over the near term. Support will be set around RM1.58.
by Malacca Securities Sdn Bhd (1st Sep 2015)