AmInvest Research Reports

Stock on Radar - ECA Integrated Solution

AmInvest
Publish date: Fri, 20 Jan 2023, 09:00 AM
AmInvest
0 9,374
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)

ECA Integrated Solution may trend higher after it closed above the RM0.91 resistance with another long white candle yesterday.
The stock hitting a new record high, supported by its rising 20-day EMA, likely indicates that the bullish momentum may be picking
up. A bullish bias may emerge above the
RM0.91 level, with a stop-loss set at RM0.83, below the 20-day EMA. Towards the
upside, the near-term resistance level is seen at
RM1.10, followed by RM1.15.

Entry : RM0.91–0.98

Target : RM1.10, RM1.15

Exit : RM0.83

 

Source: AmInvest Research - 20 Jan 2023

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment