RHB Investment Research Reports
Trading Stocks - Careplus Group
rhbinvest
Publish date: Thu, 23 Nov 2023, 10:11 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Careplus Group is in the midst of an uptrend reversal after retesting the resistance of MYR0.295 on strong volume yesterday. If it breaches that resistance, forming a “higher high” bullish pattern, the stock may trend upwards further towards the next resistance of MYR0.315, followed by MYR0.34. A fall below the MYR0.27 support would negate the bullish setup.
Source: RHB Securities Research - 23 Nov 2023
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