RHB Retail Research

Technical Analysis - CCK Consolidated

rhboskres
Publish date: Thu, 06 Sep 2018, 03:07 PM
rhboskres
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RHB Retail Research

CCK Consolidated may move higher after it continued holding above the MYR0.815 support. Yesterday’s long white candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.855 level, with an exit set below the MYR0.815 threshold. Towards the upside, the near-term resistance is at MYR0.93. This is followed by the MYR0.97 level.

Source: RHB Securities Research - 6 Sept 2018

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