CCK Consolidated formed its third consecutive of white candle, extending the move, which resumed following the recent retesting of the 21-day SMA line. A positive bias is expected to appear above MYR0.59, with resistance levels marked at MYR0.65 and MYR0.70. A downside breach of MYR0.59 would nullify this trading setup.
Source: RHB Securities Research - 2 Mar 2021
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Created by rhboskres | Aug 26, 2024