RHB Investment Research Reports
Trading Stocks - CCK Consolidated Holdings
rhbinvest
Publish date: Thu, 22 Feb 2024, 11:14 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
CCK Consolidated Holdings is set to trend higher after breaking above the MYR0.93 immediate resistance with strong trading volume. If the breakout above that level continues, the stock may climb higher towards unchartered territory ie the MYR1 mark, followed by the next resistance at MYR1.10. However, a fall below the MYR0.89 support would potentially signal a downtrend.
Source: RHB Securities Research - 22 Feb 2024
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