Kialim Stock Code : 6211
Kia Lim was testing the MYR0.725 level in its latest session after recovering above the 50-day MAV line. The stock may rebound further if it breaches this level in the near term, with a target price of MYR0.81. On the other hand, it may consolidate further if the MYR0.725 mark cannot be surpassed. Support may be found at MYR0.65, where traders can exit upon a breach.
source: RHB Securities 24/02/2016
KIA LIM BERHAD
The Company is an investment holding company involved in the manufacture of bricks and other related products.
