PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 11 Jun 2021, 10:56 AM


Technical Buy - KNM (7164)

Author:   |    Publish date:

  • Target Price: RM0.205, RM0.220
  • Last closing price: RM0.190
  • Potential return: 7.8%, 15.7%
  • Support: RM0.185
  • Stop Loss: RM0.175

Possible for sideways breakout. KNM is staging a potential breakout from its sideways channel. Corresponding RSI and MACD indicators remain healthy while undergoing consolidation phase, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.205 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.220.

However, failure to hold on to support level of RM0.185 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 11 May 2021

Share this
Labels: KNM

Related Stocks

Chart Stock Name Last Change Volume 
KNM 0.18 -0.005 (2.70%) 36,697,300 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program

438  423  589 

Top 10 Active Counters
 DNEX 0.86+0.005 
 AVI 0.17+0.06 
 SERBADK 0.605-0.035 
 ITRONIC 0.21+0.03 
 DNEX-WD 0.325+0.02 
 VIZIONE 0.195-0.01 
 PWF-WA 0.055+0.005 
 SCOMI 0.05-0.005 
 YGL 0.27+0.01 
 SERBADK-WA 0.085-0.015 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!