Classic Scenic Bhd
Mon, 26-Feb-2024 08:32 am
by Lee Cherng Wee • Apex Research

CSCENIC (7202)
Last Price (RM)
0.47
Resistance (RM)
R1 — 0.495 / R2 — 0.515
Support (RM)
S1 — 0.440

Price has been on an extended correction since early of this year but indicators are turning positive recently. MACD is about to cut above its Signal Line while the RSI has just touched 50. A breakout above the downtrend channel could see further gains towards the resistance levels of RM0.495-0.515. Support is located at RM0.44.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
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CNY 0.612159 0.612811
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