Wednesday 29 May 2024
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KUALA LUMPUR (April 24): RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.

In a trading stocks note on Wednesday, the research house said that as such, the bullish momentum may propel the stock higher towards the 30 sen mark, followed by the 33 sen next resistance.

“However, breaching below the 23.5 sen support would result in the resumption of the correction phase,” it said.

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