RHB Investment Research Reports
Trading Stocks - Censof Holdings
rhbinvest
Publish date: Wed, 24 Apr 2024, 11:19 AM
rhbinvest
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All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Censof Holdings is observing a technical breakout after climbing above the MYR0.265 immediate resistance on surging trading volume. As such, the bullish momentum may propel the stock higher towards the MYR0.30 mark, followed by the MYR0.33 next resistance. However, breaching below the MYR0.235 support would result in the resumption of the correction phase.
Source: RHB Securities Research - 24 Apr 2024
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