RHB Retail Research
Trading Stocks - CCK Consolidated
CCK Consolidated extended its rebound off the multi-month uptrend line (as drawn in the chart), and crossed above the rising 21-day SMA line. A positive bias may emerge above MYR0.52, with resistance levels at MYR0.575, followed by MYR0.60. A stop-loss can be set below MYR0.52.
Source: RHB Securities Research - 27 Aug 2020
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