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.

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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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