CCK Consolidated formed a white candle to cross above the MYR0.515 mark and regained above the 21-day SMA line – indicating chances are high that it is in the process of resuming its multi-week uptrend. Towards the upside resistance marks are pegged at MYR0.545, followed by MYR0.56. A stop-loss can be placed below MYR0.515.
Source: RHB Securities Research - 23 Jun 2020
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Created by rhboskres | Aug 26, 2024