RHB Retail Research
Trading Stocks - CB Industrial Product
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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