RHB Retail Research
Technical Analysis - CCM Duopharma Biotech
CCM Duopharma Biotech may rebound further after it tested MYR1.02 support recently. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR1.06 level, with an exit set below the MYR1.02 threshold. Towards the upside, the near-term resistance is at MYR1.15. This is followed by the MYR1.20 level.
Source: RHB Securities Research - 14 Dec 2018
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