Rakuten Trade Research Reports
Technical View - CJ Century Logistic Holdings Berhad
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Publish date: Thu, 21 Jul 2022, 06:15 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
CJ Century Logistic Holdings Berhad (CJCEN, 7117)
• Share price closed 2.1% higher at RM0.485 on Wednesday.
• CJCEN broke out from its resistance of RM0.475 yesterday and closed at its MA 20 line with buying interest for the past 3 trading days. With the indicators showing uptick movement, the share price is expected to move higher.
• Resistance levels are identified at RM0.495 (R1) and RM0.525 (R2).
• On the flipside, support levels are pegged at RM0.44 (S1) and RM0.435 (S2).
Source: Rakuten Research - 21 Jul 2022
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