Sep 2, 2015

KIMHIN Rebounded For Good?

Kimhin technical analysis. Stock Code 5371

kimhin analysisabove: Kimhin Daily Chart 

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)