RHB Retail Research
Trading Stocks - Chin Well Holdings
Chin Well Holdings may move higher after breaking past the consolidation phase of MYR1.39 on improved trading volume. If it stays above that level, the bulls may test the recent high of MYR1.54, followed by MYR1.58 – its 52-week high. However, falling below the MYR1.29 support may trigger a downtrend – forming a “lower low” level.
Source: RHB Securities Research - 13 Sept 2021
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