Supportline: Crest Builder

TheStar Wed, Mar 20, 2019 09:21am - 5 years View Original


CREST Builder Holdings Bhd broke free of the resistance on Monday to an intra-day high of RM1.18.

The counter has been on an uptrend since early February, adding nearly 40% to its value in a little over six weeks.

   

With Monday’s extended advance, the share price has risen to levels last seen in August 2017.

The ongoing rally has put the share price at a distance from the key simple moving averages (SMA), reflecting the strength of the uptrend.

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