Quick take: Choo Bee shares continue uptrend

TheStar Mon, Sep 06, 2021 09:35am - 2 years View Original


KUALA LUMPUR: Shares in Choo Bee Metal Industries Bhd continued to attract investors’ interest in early trade Monday.

The counter climbed 1.41%, or three sen to RM2.16. Year-to-date, it has appreciated over 33%.

RHB Retail Research said Choo Bee is expected to rebound higher towards the multi-year high.

It added it bounced off its recent breakout level of RM2.03 on strong trading volume – indicating that a strong resistance-turned-support has been established.

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