RHB Retail Research

Trading Stocks - CCK Consolidated

rhboskres
Publish date: Wed, 20 Feb 2019, 04:28 PM
rhboskres
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RHB Retail Research

CCK Consolidated may rebound further after it tested MYR0.535 support recently. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may appear above the MYR0.60 level, with an exit set below the MYR0.535 threshold. Towards the upside, the near-term resistance is at MYR0.71. This is followed by the MYR0.82 level.

Source: RHB Securities Research - 20 Feb 2019

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