AmInvest Research Reports
Stock on Radar - Eco World Development Group
AmInvest
Publish date: Mon, 22 Jan 2024, 11:01 AM
AmInvest
0 8,804
An official blog in I3investor to publish research reports provided by AmInvest research team.
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Eco World Development Group’s buying interest is back after it broke out of the 2-week bullish pennant pattern with a white candle on Friday. As the 20-day and 50-day EMAs have confirmed a bullish crossover in late December 2023, the stock looks positive in the short and medium term. A bullish bias may emerge above the RM1.20 level, with stop-loss set at RM1.08, below the 50-day EMA. Towards the upside, near-term resistance level is seen at RM1.40, followed by RM1.50.
Entry : RM1.20–1.24
Target : RM1.40, RM1.50
Exit : RM1.08
Source: AmInvest Research - 22 Jan 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
AUTOMOBILE - 1Q2024 Summary: Demand Normalising, Cost Pressures Mounting
Created by AmInvest | May 09, 2024
TRANSPORTATION & LOGISTICS - Our View on of Air Asia’s Restructuring
Created by AmInvest | May 08, 2024
CTOS DIGITAL - Revenue From Key Accounts Segment to Pick Up Pace in 2QFY24
Created by AmInvest | May 08, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
Future Tech
3
5
save malaysia!
6
BFM Podcast
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
Initial Public Offering (IPO)
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
