RHB Retail Research

Trading Stocks - Careplus Group

rhboskres
Publish date: Thu, 18 Nov 2021, 06:02 PM
rhboskres
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RHB Retail Research

Careplus Group is attempting to resume its uptrend reversal as it bounced off from a recent pullback, hitting the immediate resistance level of MYR1.11 – coupled with strong volume while forming a “higher low” bullish structure. If it breaches above that point, the bulls may head towards the MYR1.20 threshold, followed by the MYR1.29 next resistance. This expectation will be nullified if it falls below the support level of MYR0.98.

Source: RHB Securities Research - 18 Nov 2021

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