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Rakuten Trade Research Reports

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Technical View - Cahya Mata Sarawak Berhad

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Chaya Mata Sarawak Berhad (CMSB, 2852)

• Share price closed 1.04% higher at RM0.97 on Thusday.

• CMSB is pending breakout from its flag formation. It is now trading above MA 20 and MA 50 lines. The indicators showed an uptick momentum thus share price is expected to go higher.

• Resistance levels are identified at RM0.995 (R1) and RM1.02 (R2).

• On the flipside, support levels are pegged at RM0.935 (S1) and RM0.915 (S2).

Source: Rakuten Research - 26 Aug 2022

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Labels: CMSB

Related Stocks

Chart Stock Name Last Change Volume 
CMSB 1.06 +0.02 (1.92%) 2,657,600 

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