KUALA LUMPUR (March 27): OSK Retail Research said Cypark Resources appears to have ended its downtrend last month after closing above RM1.75, breaking the series of lower highs.
It said on Tuesday that consolidation naturally takes over at this juncture and the broken resistance has turned into support.
“Together with other positive indications, a continuation of the uptrend is to be expected as long as the stock stays above RM1.75,” it said.
It said on Tuesday that consolidation naturally takes over at this juncture and the broken resistance has turned into support.
“Together with other positive indications, a continuation of the uptrend is to be expected as long as the stock stays above RM1.75,” it said.
