RHB Retail Research

Technical Analysis - Eastern & Oriental

rhboskres
Publish date: Wed, 31 Oct 2018, 04:28 PM
rhboskres
0 9,021
RHB Retail Research

Eastern & Oriental was testing the MYR1.18 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.24, followed by MYR1.31. The stock may consolidate further if it cannot breach above the MYR1.18 threshold in the near term. Support may be found at MYR1.07, where traders can exit upon a breach to minimise the downside risk

Source: RHB Securities Research - 31 Oct 2018

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment