RHB Retail Research
Trading Stocks - Cuscapi
Cuscapi is poised to extend higher as it breached above the immediate resistance of MYR0.265 yesterday on improved trading volume – forming a “higher low” formation. If it manages to stay above that level, the bullish momentum may then lift the stock towards the next resistance of MYR0.305, and MYR0.34. If the stock falls below the MYR0.25 support, this expectation would be cancelled.
Source: RHB Securities Research - 20 Aug 2021
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