RHB Retail Research
Trading Stocks - Cypark Resources
Cypark Resources crossed above the 30-day SMA line in the latest session. This came after it tested the MYR1.30 support twice in recent sessions. This implies that its upward move may be resuming. Towards the upside, the resistance points are eyed at MYR1.40, followed by MYR1.45. A stop-loss can be placed below MYR1.30.
Source: RHB Securities Research - 23 Sept 2019
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