Rakuten Trade Research Reports
Technical View - CCK Consolidated Holdings Bhd
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Publish date: Fri, 05 Mar 2021, 06:18 PM
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
CCK Consolidated Bhd (CCK, 7035)
• CCK rose 1.6% or 1 sen to RM0.64 yesterday.
• Share price is on the rise and the upward trend remains intact as it is trading above the key moving average lines. As such, the buying momentum is expected to persist and upside is likely to be extended.
• From here. resistance levels are projected at RM0.72 (R1) and RM0.84 (R2).
• For downside, support levels are identified at RM0.615 (S1) and RM0.57 (S2).
Source: Rakuten Research - 5 Mar 2021
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