Technical Stockpick - Kobay Technology Bhd
Mon, 22-Dec-2025 07:26 am
by Research Team • Apex Research

KOBAY (6971)
Last Price (RM)
1.75
Resistance (RM)
R1 — 1.95 / R2 — 2.05
Support (RM)
S1 — 1.65

Technical Commentary: 

The stock remains in a well-defined rising channel, indicating a firmly established uptrend. The recent consolidation just below previous highs suggest a healthy pause. RM1.83 serves as the key breakout pivot with a sustained hold above offering opportunities for traders. The first resistance at RM1.95 is the initial profit-taking zone, while a successful extension would open the path toward RM2.05. Risk should be managed with a stop loss below RM1.65.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.042271 4.070676
EUR 4.714323 4.723988
CNY 0.581824 0.583002
HKD 0.517949 0.522124
SGD 3.137813 3.163354