RHB Investment Research Reports

Trading Stocks - CEKD

rhbinvest
Publish date: Fri, 02 Feb 2024, 11:50 AM
rhbinvest
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CEKD is set for an uptrend rebound after it bounced off the 21- day SMA line and breached the immediate resistance of MYR0.49 on a surge in trading volume. In the coming sessions, the bulls are likely to propel the stock towards the recent high of MYR0.515, followed by MYR0.535. If it falls below the support of MYR0.465, this would spark the beginning of a correction.

Source: RHB Securities Research - 2 Feb 2024

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