StockAdvisor FBMKLCI

RISING GIANTS : EKOVEST and IWCITY. TAKE ADVANTAGE!

MrRightTiming
Publish date: Mon, 10 Jun 2019, 05:30 PM
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FIRST DAY BREWING ON POSSIBLE GOOD NEWS!

On 10 June 2019, we have seen a breakout with high volume on both EKOVEST (8877) and IWCITY(1589). Both the stocks have been consolidating since rising on April 22.

We are expecting more movements for both stocks and this is a positive real movement of news on Bandar Malaysia project. https://www.thestar.com.my/news/nation/2019/04/19/dr-m-announces-revival-of-bandar-malaysia-project/

Technically, the MACD for both EKOVEST and IWCITY are showing a GOLDEN CROSS and improving RSI into the stronger zone which is perfect for a stock that is going for an upward movement! NOTHING CAN BE BETTER THAN AN AMAZING TECHNICAL AND FUNDAMENTAL BASED MOVEMENT!!!

 

EKOVEST EP : RM0.84-RM0.85, TP : RM1.04 (unless breakout then can hold). Cut loss : RM0.79
 

 

 

IWCITY EP: RM0.91-RM0.92, TP: RM1.11, RM1.25, Cut Loss : RM0.87

We have detected Ekovest and IWCITY early today and let's Ride On Positive Momentum and Sentiment.

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