RHB Retail Research
Trading Stocks - CCK Consolidated
CCK Consolidated may rebound higher after it continued holding above the MYR0.47 support. This upward momentum is likely to continue, given that it has formed a second consecutive long white candle. A positive bias may emerge above the MYR0.505 level, with an exit set below the MYR0.47 threshold. Towards the upside, the immediate resistance is at the MYR0.56 level. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 23 Aug 2019
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