SupportLine

TheStar Fri, Apr 26, 2024 12:00am - 1 week View Original


SKP Resources Bhd extended its rally yesterday to affirm the continuation of a bullish trend.

The share, which has risen over four consecutive sessions, has showing positive signals from its technical indicators.

The slow-stochastic index and 14-day relative strength index (RSI) have entered into overbought territory but remain healthy given the persistent buying interest.

The daily moving average convergence/divergence (MACD) histogram, meanwhile, has charted a higher positive bar to reflect the growing uptrend.

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