RHB Retail Research
Technical Analysis - CCK Consolidated
CCK Consolidated may rebound further after it tested the MYR0.71 support in its latest session. As the stock marked a higher close vis-à-vis the previous sessions since 29 Oct, this indicates a positive sign. A bullish bias may emerge above the MYR0.71 level, with an exit set below the MYR0.71 threshold. Towards the upside, the immediate resistance is at MYR0.80. This is followed by the MYR0.87 level.
Source: RHB Securities Research - 31 Oct 2018
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