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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