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Here is a brief discussion of Krono (0176.MY) by using technical analysis.
Looking at their share price, they have broken above the resistant at RM 1.13 (black colour line) and the immediate resistant level at RM1.28 and long-term resistant level at RM 1.50 area.
Editor of MYBull Street treats RM 1.03 (blue colour line) as stop-loss point in case of unfavourable direction on their share price.
The Company is engaged in providing enterprise data management (EDM) solutions. The Company's segments are EDM Infrastructure Technology, EDM Managed Services, Investment holding and Others. Its EDM infrastructure technology segment consists of both hardware and software. EDM hardware refers to computer component used to record, store and retain digital data, while EDM software supports the process of data backup, storage, recovery and restoration. EDM Managed Services segment comprises the backup, storage, recovery and restoration of enterprise data, health checks, capacity planning, remote monitoring and disaster recovery services. Its Investment holding segment is engaged in providing funding and investment related services. Its Others segment provides administrative support services and licensing fee charged to subsidiaries for research and development costs incurred.
*The statements above are not buy or sell call and we would hold no responsibility over your trade*