RHB Retail Research
Trading Stocks - CB Industrial Product
CB Industrial Product may rebound further after it tested the MYR0.815 support recently. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A positive bias may emerge above the MYR0.87 level, with an exit set below the MYR0.815 threshold. Towards the upside, the immediate resistance is at the MYR0.93 level. This is followed by the MYR0.97 threshold.
Source: RHB Securities Research - 27 Aug 2019
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