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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Created by rakutentrade | Aug 23, 2024