RHB Investment Research Reports
Trading Stocks - Econframe
rhbinvest
Publish date: Thu, 31 Mar 2022, 10:29 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Econframe is set to rebound upwards as it surpassed the consolidation level of MYR0.52, printing a “higher high” bullish pattern. Bullish momentum above that level may propel the stock towards the MYR0.56 resistance level, followed by MYR0.58. However, the momentum may lose steam if it falls below MYR0.48, beneath the 21-day average line
Source: RHB Securities Research - 31 Mar 2022
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