RHB Retail Research
Trading Stocks - CCK Consolidated
CCK Consolidated has been testing the MYR0.48 level lately. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR0.525, followed by MYR0.57. The stock may take a breather if it cannot breach above the MYR0.48 mark decisively in the coming sessions. Support may be found at MYR0.43, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 6 Apr 2020
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