Possible for further recovery. EMICO is potentially staging a stronger recovery following a breakout from consolidation phase. Should immediate resistance level of RM0.325 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.340 and RM0.375.
However, failure to hold on to support level of RM0.275 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 26 May 2022
Chart | Stock Name | Last | Change | Volume |
---|
Created by PublicInvest | Apr 26, 2024