Jul 11, 2018

Technical - SKPRES (7155)

SKP RESOURCES BHD

skpres analysis

sapkresSKPRES has gapped- - up to close above the EMA20 level accompanied by improved volumes. The MACD
Indicator has issued a BUY Signal, while the RSI has risen above 50. Price may advance, targeting the
RM1.63- - RM1.75 levels. Support will be pegged around the RM1.34 level

source: Malacca Securities Research – 11/07/2018