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KAREX: Trendline Breakout

KAREX has rebounded off the RM3.29 level and staged a Trendline Breakout with high volumes. The MACD Line has given a BUY signal. The RSI has crossed above 50. Price might head towards the RRM2.64 to RM2.74 levels. Support will be pegged around the RM2.39 level. Karex Daily Chart: source: Malacca Securities Research – 14/11/16 KAREX BERHAD The Group is principally involved in the



This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here

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KAREX: Trendline Breakout

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