RHB Retail Research
Trading Stocks - CAB Cakaran Corporation
CAB Cakaran may rise higher after forming another white candle and leaving an upside gap. The 21-day SMA line is likely to turn upwards, suggesting additional strength may be present in the near term. A bullish bias may emerge above the MYR0.57 level, with an exit set below the MYR0.515 threshold. Towards the upside, the immediate resistance is at MYR0.655. This is followed by the MYR0.72 level.
Source: RHB Securities Research - 13 Feb 2019
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