Stronger Kanger?
Corporate Name : KANGER INTERNATIONAL BERHAD
Symbol & Code : KANGER (0170)
Board : ACE
Shariah : Compliant
Sector : Consumer Products & Services
Sub-Sector : Household Goods
• Weekly: It was a major breakout on 20 and 50ma. Now price has landed back on 200ma strong support. If you think this fits the cup and handle pattern, the worrying downward drift should be temporary.
• Daily : 20ma is now below 50ma and 200ma. Although there is a bullish attitude on the market, this development means that the momentum is slowing. Hopefully, price won’t break below 0.145
• 0.145-0.155
Symbol & Code : KANGER (0170)
Board : ACE
Shariah : Compliant
Sector : Consumer Products & Services
Sub-Sector : Household Goods
• Weekly: It was a major breakout on 20 and 50ma. Now price has landed back on 200ma strong support. If you think this fits the cup and handle pattern, the worrying downward drift should be temporary.
• Daily : 20ma is now below 50ma and 200ma. Although there is a bullish attitude on the market, this development means that the momentum is slowing. Hopefully, price won’t break below 0.145
• 0.145-0.155
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