EWINT...Benefit From Strengthening Pound

EWINT...Benefit From Strengthening Pound Against Ringgit

einvest88
Publish date: Wed, 11 Dec 2019, 01:08 PM

The above chart obviously show that EWINT share price movement directly affected by the changes in GBPMYR. When Pound go down against MYR, EWINT share price went down since the listing day. When GBPMYR bottom out middle of this yr, EWINT share price also bottom out at 60c and going up with strengthening of Pound against MYR. With GBPMYR breakout from long term downtrend line, GBPMYR next target will be hitting minimum of 6.8 as shown in the following chart. It means to say, EWINT worst is over and long term trend is up. Any pullback is a good opportunity to buy. 

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