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Cepatwawasan may climb higher, says RHB Retail Research

TheEdge Fri, Aug 11, 2017 08:25am - 2 years ago

KUALA LUMPUR (Aug 11): RHB Retail Research said Cepatwawasan Group Bhd may climb higher after posting a white candle and leaving an upside gap.

In a trading stocks note today, the research house said buying momentum may have returned after the stock climbed above the downtrend line drawn in the chart.

“A bullish bias may appear above the 87 sen level, with an exit set below the 81 sen threshold.

“Towards the upside, the immediate resistance point is anticipated at the 96.5 sen level. This is followed by the RM1.08 level,” it said.

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