RHB Retail Research
Technical Analysis - Eco World Development Group
Eco World Development has been retracing over the past six months and is now nearing the YTD key support of MYR0.975. A bullish bias may emerge above this point, with an exit set below the same threshold. Towards the upside, immediate resistance is at MYR1.05, followed by MYR1.13.
Source: RHB Securities Research - 28 Nov 2018
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