Kumpulan Hartanah Selangor (KHSB) looks like a breakout yesterday. Yesterday there was also a bullish engulfing candle as well. Its indicators looks bullish, suggesting that it could run from here. Resistance is pegged at RM1.20 levels. A break above this resistance would send the stock towards its year high of RM1.32. Stop loss should be put at RM0.94. Those who are willing to risk a bit more - should then put their stops at RM0.86 instead.
Just to note - the market looks a bit toppish. It could turnaround next week.
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