RHB Investment Research Reports

Trading Stocks - Cosmos Technology International

Publish date: Tue, 16 Apr 2024, 10:28 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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Cosmos Technology International has confirmed a bullish setup after breaking past a key resistance on strong volume. The counter has climbed above the MYR0.53 resistance – signalling the consolidation phase is over. Riding on this strong bullish momentum, expect a follow-through price action to test the next resistance at MYR0.57, followed by MYR0.645. On the other hand, breaching below the MYR0.485 support will resume the correction phase.

Source: RHB Securities Research - 16 Apr 2024

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