Rakuten Trade Research Reports
Technical View - Ekovest Berhad
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Publish date: Thu, 05 Jan 2023, 01:13 PM
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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
• Share price closed 1.45% higher at RM0.35 on Wednesday.
• EKOVEST broke out from its resistance at RM0.345 yesterday supported by decent buying interest recently. Coupled with indicators showing uptick momentum, share price is expected to move towards its MA 200 line.
• Resistance levels are identified at RM0.355 (R1) and RM0.37 (R2).
• On the flipside, support levels are pegged at RM0.33 (S1) and RM0.31 (S2).
Source: Rakuten Research - 5 Jan 2023
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