RHB Retail Research
Trading Stocks - CJ Century Logistics
CJ Century Logistics’ buying momentum may have returned after it recently rose above the 21-day SMA line. This candle has sent the stock to its highest close in more than three months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.43 level, with an exit set below the MYR0.40 threshold. Towards the upside, the near term resistance is at MYR0.485. This is followed by the MYR0.515 level.
Source: RHB Securities Research - 17 Jul 2019
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