Stock Market Enthusiast
ECONPILE: Double Bottom or Bullish Engulfing? - KingKKK
News at 652pm, 2-Sep-2024
The Edge Malaysia reported that “Econpile wins RM71.2m contract for basement-related job in downtown KL”. How will the stock price react tomorrow? Let’s check the chart here.
Full details of the news here.
Based on my observation, the stock may have formed Bullish Engulfing and Double Bottom pattern. The Bullish Engulfing pattern is stronger and happened on 29-Aug and 30-Aug price reaction.
Could Econpile be gearing up for a major breakout? Discover the chart patterns that could signal a bullish reversal. Don't miss the full analysis—read more on my Substack blog! The full version in Substack comes with Resistance and Support price for Econpile.
Econpile: Double Bottom or Bullish Engulfing? (substack.com)
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CS Tan
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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....
