Technical Stockpick - Kerjaya Prospek Group Bhd
Fri, 18-Jul-2025 07:16 am
by Amir Hamdan • Apex Research

KERJAYA (7161)
Last Price (RM)
2.110
Resistance (RM)
R1 — 2.220 / R2 — 2.300
Support (RM)
S1 — 2.040

Technical Commentary: 

The stock is currently in a longer term consolidation pattern after forming a double top in early 2025. Share price appears to have found stability after staging a recovery and hovered around both EMA9 and EMA20 levels in recent weeks. At this juncture, traders may monitor for a potential breakout above RM2.11, which could pave the way for an upside move toward the next resistance levels at RM2.22–RM2.30. On the downside, immediate support is pegged at RM2.04.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.216494 4.249912
EUR 4.923595 4.928588
CNY 0.592163 0.592763
HKD 0.540426 0.544215
SGD 3.273679 3.296901