RHB Retail Research
Trading Stocks - CCK Consolidated
CCK Consolidated formed a white candle to bounce back above the 200-day SMA line. This could signal the end of its 2-week correction phase. A positive bias may emerge above MYR0.515, with the resistance expected at MYR0.57, followed by MYR0.595. A stop-loss can be placed below MYR0.515.
Source: RHB Securities Research - 1 Jun 2020
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