RHB Retail Research
Technical Analysis - Eco World International
Eco World International may rebound further after it tested the MYR0.795 support recently. Yesterday’s close has sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.85 level, with an exit set below the MYR0.795 threshold. Towards the upside, the near-term resistance is at MYR0.925. This is followed by the MYR0.985 level.
Source: RHB Securities Research - 5 Dec 2018
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