AmInvest Research Reports

Stock on Radar - CCK Consolidated Holdings

AmInvest
Publish date: Wed, 10 Jan 2024, 09:40 AM
AmInvest
0 9,371
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

CCK Consolidated may trend higher after it posted another white candle and hit a new 52-week high yesterday. The stock’s move above the RM0.85 resistance coupled with rising EMAs indicates that near term bullish momentum may persist. A bullish bias may emerge above the RM0.85 level, with stop-loss set at RM0.79, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM0.95, followed by RM1.00.

Entry : RM0.85–0.875

Target : RM0.95, RM1.00

Exit : RM0.79

Source: AmInvest Research - 10 Jan 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment