RHB Investment Research Reports

Trading Stocks - CCK Consolidated Holdings

rhbinvest
Publish date: Thu, 23 Nov 2023, 10:11 AM
rhbinvest
0 3,403
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

CCK Consolidated Holdings is poised to trend upwards above the sideways consolidation phase after bouncing off the 21-day SMA line, meandering around the immediate resistance point of MYR0.83 yesterday – this, on top of a surge in trading volume. If a breakout happens, the stock is set to climb towards the all-time high of MYR0.86 before possibly marking a new high at the MYR1 mark. Towards the downside, dropping below the MYR0.785 support would reverse the trend further.

Source: RHB Securities Research - 23 Nov 2023

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment