RHB Investment Research Reports
Trading Stocks - CCK Consolidated Holdings
rhbinvest
Publish date: Wed, 10 Jan 2024, 03:29 PM
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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
CCK Consolidated Holdings is expected to propel higher after it climbed above the MYR0.86 immediate resistance on strong trading volume and above the rising 21-day SMA line. If it remains above that level, the positive momentum may take the price towards the MYR0.95 mark, before testing the MYR1 threshold. In the event it falls below the MYR0.81 support, this expectation would be cancelled.
Source: RHB Securities Research - 10 Jan 2024
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