CJ Century Logistics Holdings is staging a strong continuation of its uptrend, as it moved past the multi-month consolidation phase of MYR0.535 yesterday, with significantly improved trading volume. If it stays above that level, the bullish momentum may continue to push the stock towards the MYR0.585 immediate resistance, followed by MYR0.605 – its 52-week high. Conversely, falling below the MYR0.51 support will cancel this expectation.
Source: RHB Securities Research - 22 Sept 2021
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Created by rhboskres | Aug 26, 2024