CMSB

Sector: Construction materials

Analyzed on 07/11/2021

Following up from our previous analysis, CMSB has once again formed a higher low by bouncing off its EMA25 support.  CMSB is now trading at RM1.47, high chances of challenging its recent high of RM1.50. The uptrend in CMSB is intact given that the high low pattern is obvious and both EMA25/50 are sloping upwards.  Traders could seize the uptrend opportunity to make some gains. Buy at support would give better risk-reward ratio.   

Reason to monitor : Higher lows pattern confirms

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NOTT INVEST 

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