RHB Investment Research Reports
Trading Stocks - Ekovest
rhbinvest
Publish date: Mon, 08 Jan 2024, 02:42 PM
rhbinvest
0 3,578
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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
Ekovest is resuming the bullish movement after it climbed above the strong resistance. The stock broke past the MYR0.54 resistance as the bullish momentum is picking up. A followthrough of the positive price action would see the counter extend its trajectory towards MYR0.58, followed by MYR0.62. In the event it falls below the support of MYR0.50, the counter may enter a correction phase.
Source: RHB Securities Research - 8 Jan 2024
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