Rakuten Trade Research Reports

Technical View - Eco World International Bhd (EWINT, 5283)

rakutentrade
Publish date: Tue, 26 Nov 2019, 09:16 AM
rakutentrade
0 1,962
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/

To sign up for an account: http://bit.ly/40BNqKI

Rakuten Trade

Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my

Eco World International Bhd (5283)

  • EWINT ended 10.3% or 8.5 sen higher to RM0.91 yesterday.
  • Share price continues to break a series of resistance levels since our report on 11 Nov 2019 and hit its 52-week high at RM0.945 yesterday. Amid the strong buying momentum and positive indicators, we believe it is likely to head towards the RM1.00 level.
  • From here, resistance levels are expected at RM0.945 (R1) and RM0.980 (R2).
  • On the contrary, support levels can be identified at RM0.825 (S1) and RM0.800 (S2).

Source: Rakuten Research - 26 Nov 2019

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment