AmInvest Research Reports
Stock on Radar - Eco World Development Group (ECOWLD)
AmInvest
Publish date: Tue, 31 Dec 2024, 10:43 AM
AmInvest
0 9,483
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 (ECOWLD | 8206)
Last Price: RM2.11 | Technical Call: BUY
| Support 1: RM2.05 | Resistance 1: RM2.30 |
| Support 2: RM1.90 | Resistance 2: RM2.40 |
| Shariah Compliant: Yes | Sector: Property |
Eco World Development Group broke out from its 4-week bullish pennant pattern two sessions ago, implying that its previous uptrend may have resumed. As the stock has surged to a new multi-year high, the near term bullish trend may still have legs. A bullish bias may emerge above the RM2.05 level with stop-loss set at RM1.88, below the 50-day EMA. Towards the upside, near- term resistance level is seen at RM2.30, followed by RM2.40.
Entry: RM2.05-2.11
Target: RM2.30, RM2.40
Exit: RM1.88
Source: AmInvest Research - 31 Dec 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
KIM LOONG Resources - Higher milling and plantation profit margins
Created by AmInvest | Dec 31, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
3
AmInvest Research Reports
4
Good Articles to Share
New Orleans, Tesla truck explosion, Gazprom and the debt ceiling
5
Good Articles to Share
Apple offers iPhone discounts in China as competition intensifies | REUTERS
6
Good Articles to Share
New Orleans Attack, Tesla Cybertruck Explosion Outside Trump Las Vegas Hotel
7
Good Articles to Share
US Army veteran plows truck into New Orleans crowd - Five stories you need to know | Reuters
8
Good Articles to Share
US Probes New Orleans, Everything Wall Street Expects in 2025 |The Opening Trade: 01/02/2025
#
Stock
Score
Daily Stocks
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....
