Trading Stocks - CSC Steel Holdings Malaysia - RHB Investment Research Reports

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Author: rhbinvest | Latest post: Fri, 19 Apr 2024, 10:36 AM

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Trading Stocks - CSC Steel Holdings Malaysia

Author: rhbinvest | Publish date: Fri, 29 Apr 2022, 9:24 AM

CSC Steel Holdings Malaysia is eyeing a technical breakout as it attempted to move higher yesterday before retracing from the intraday high to close at the opening level. If the bullish momentum re-emerges and breaches above the MYR1.78 immediate resistance level, the stock may propel further towards the MYR1.84 resistance, followed by the next resistance at MYR1.95. Meanwhile, a drop below the MYR1.68 support may trigger the resumption of a downward correction, below the average line.

Source: RHB Securities Research - 29 Apr 2022

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Labels: CSCSTEL

Related Stocks

Chart	Stock Name	Last	Change	Volume
	CSCSTEL	1.35	0.00 (0.00%)	155,200

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