RHB Retail Research
Trading Stocks - Cuscapi
Cuscapi may be extending its uptrend after it managed to break above the previous resistance with strong volume. This positive bias is likely to be extended, if it stays above the resistanceturned-support of MYR0.30. The next resistance levels are pegged at MYR0.335 and MYR0.35. A downside breach of MYR0.26 would negate this trading set-up.
Source: RHB Securities Research - 22 Mar 2021
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