RHB Retail Research
Trading Stocks - CWG Holdings
CWG Holdings is poised to reclaim its multi-year high as it moved past the MYR0.555 resistance level on improved trading volume. The upward momentum that enhanced above the resistance-turned-support level may lift the stock towards MYR0.60, followed by the multi-year high of MYR0.70. However, if the stock drops below the MYR0.525 support, this expectation would be cancelled.
Source: RHB Securities Research - 11 Aug 2021
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