RHB Retail Research
Trading Stocks - Cepatwawasan
Cepatwawasan is attempting to break away from the immediate resistance of MYR0.745. The stock underwent a correction recently that saw a decrease in trading volume. With selling pressure tapering, the stock may stage a breakout to resume an upward movement. If this happens, it may climb towards the next resistance of MYR0.77, followed by MYR0.81. Meanwhile, falling below the MYR0.71 support may negate this expectation.
Source: RHB Securities Research - 23 Nov 2021
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