RHB Retail Research

Technical Analysis - Eonmetall Group

rhboskres
Publish date: Thu, 06 Sep 2018, 03:08 PM
rhboskres
0 9,021
RHB Retail Research

Eonmetall Group may rebound further after it tested MYR0.425 support lately. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.425 level, with an exit set below the MYR0.425 threshold. Towards the upside, the near-term resistance is at MYR0.515. This is followed by the MYR0.56 level.

Source: RHB Securities Research - 6 Sept 2018

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