Kelington Group Bhd
has recovered from a quick breather and is now poised to challenge a historical high of RM8.25.
Given the robust momentum, there is a likelihood the rally will extended to uncharted territory.
The slow-stochastic has risen to overbought levels at 84 points, but remains on a healthy ascent. The RSI is also strong at 57 points.
The MACD, meanwhile, is poised to cross into a bullish signal, which would be the trigger for a jump past the resistance.
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