Esther Gan's comment on KEYFIELD. All Comments

Esther Gan
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Keyfield remain its strength above its 20- and 50-day EMAs, as it converges with the 200-day EMA which would signal a strong breakout once it crosses above. On the upside, the immediate target is RM1.690, with further strength potentially extending towards RM1.875 should momentum build. Conversely, a breach below its support levels would invalidate the bullish outlook and expose the stock to further downside.

Entry: RM1.600 - RM1.610
Stop Loss: RM1.460
Target Price: RM1.690 - RM1.875

(From Mercury Securities Research)
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