RHB Retail Research
Technology Analysis - E.A. Technique
E.A. Technique
E.A. Technique was testing the MYR0.45 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.475, followed by MYR0.52. The stock may take a breather if it cannot breach above the MYR0.45 mark in the near term. Support may be found at MYR0.40, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 10 Jul 2018
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