RHB Retail Research
Trading Stocks - Cuscapi
Cuscapi is attempting to extend its upward movement by testing the MYR0.305 immediate resistance with high trading volume. If it breaks past the threshold, it will form a fresh “higher high” and this will attract further buying interest. The momentum may accelerate towards next resistance of MYR0.32 followed by MYR0.34. Meanwhile, falling below the MYR0.275 support may see a downside correction.
Source: RHB Securities Research - 24 Nov 2021
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