RHB Retail Research
Trading Stocks - CB Industrial Produc
CB Industrial Product formed a long white candle, indicating that momentum of buying could be strong. This can also be viewed as a continuation of the bulls extending the rebound from 24 Jul’s “Bullish Harami” pattern. A positive bias may emerge above the MYR0.97 level, with an exit set below the MYR0.91 threshold. Towards the upside, the immediate resistance is at the MYR1.05 level. This is followed by the MYR1.10 level.
Source: RHB Securities Research - 29 Jul 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
