Rakuten Trade Research Reports

Technical View - Ekovest Bhd

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Publish date: Fri, 31 Dec 2021, 12:14 PM
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Following Message

Ekovest Bhd (EKOVEST, 8877)

• Share price closed 1.2% higher at RM0.415 on Thursday.

• EKOVEST has formed three-white-soldiers pattern on the last 3 trading days. It also managed to close above its MA20 & MA50.

• Backed by the upticks in its indicators, EKOVEST is poised to move higher.

• Resistance levels are identified at RM0.435 (R1) and RM0.455 (R2).

• On the flipside, support levels are pegged at RM0.405 (S1) and RM0.395 (S2).

Source: Rakuten Research - 31 Dec 2021

EKOVEST (8877)
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