KFC HOLDINGS (MALAYSIA) BERHAD
Observation from Chart:
Since 1 March 2011, KFC is trading on side way within RM3.58 & RM3.75 range...
Now forming bolinger band squeeze.
RM3.58 is current support level. RM3.75 is resistant level.
If able break up RM3.75 resistant, it might retest next level resistant, which is around RM3.85 level & RM4.00 resistant.
However, if break down RM3.58 level, next support level will be around RM3.47
Let watch closely.
Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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