RHB Retail Research

Trading Stocks - CB Industrial Product

rhboskres
Publish date: Mon, 18 Mar 2019, 09:47 AM
rhboskres
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RHB Retail Research

CB Industrial Product was testing the MYR1.14 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.18, followed by MYR1.24. The stock may take a breather if it cannot breach above the MYR1.14 threshold in the coming sessions. Support may be found at MYR1.05, where traders can exit upon a breach to limit downside risk.

Source: RHB Securities Research - 18 Mar 2019

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