RHB Retail Research
Technical Analysis - Eonmetall Group
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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