Cahya Mata Sarawak
Cahya Mata Sarawak Bhd
is showing signs that a positive retracement is taking place.
After a three-month correction period, the stock has bounced higher and is aiming towards the 50-day simple moving average (SMA).A crossing of the hurdle would signal the return of bullish sentiment as the stock heads towards a resistance level of RM1.39.
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