CENBOND (7171) - Century Bond May Trend Higher

Cenbond Stock Code: 7171





Century  Bond  may  trend  higher  after  gaining  above  the  MYR1.54 level in its latest session.  Traders may buy as a bullish bias could be present above this  level, with a target price of MYR1.77.  The stock may  consolidate  further  if  it  cannot  sustain  above  the  MYR1.54mark. In this case, further support is anticipated at MYR1.41, wheretraders can exit upon a breach.

Source: RHB Research – 11/01/ 16

CENTURY BOND BERHAD
The Group is primarily involved in manufacture of paper bags and corrugated cartons.

http://klse-online.blogspot.com/2016/01/century-bond-may-trend-higher.html