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ECONBHD gained 2.7% or 2 sen to close at RM0.77 last Friday.
Share price remains on its uptrend line and trading above key moving average line with support level at RM0.70. From recent upticks in key momentum indicators, share price is likely to cross over the RM0.80 level.
As such, resistance levels are expected at RM0.80 (R1) and further to RM0.88 (R2).
Conversely, downside support levels can be expected at RM0.70 (S1) and RM0.63 (S2).
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3896 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....