Cuscapi staged a rebound after breaching the immediate resistance of MYR0.28 on improved volume. It resumed the uptrend movement after crossing above the 21-day SMA line. Premised with that, it may test the next resistance level of MYR0.305, followed by MYR0.335. On the flip side, if the support level of MYR0.24 is breached, this expectation would be void.
Source: RHB Securities Research - 16 Apr 2021
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Created by rhboskres | Aug 26, 2024