RHB Retail Research
Trading Stocks - Eonmetall Group
Eonmetall Group may rebound higher after it continued holding above the MYR0.375 support. The stock has formed another white candle and leaving an upside gap, this indicates a positive sign. A bullish bias may appear above the MYR0.415 level, with an exit set below the MYR0.375 threshold. Towards the upside, the near-term resistance is at MYR0.46. This is followed by the MYR0.49 level.
Source: RHB Securities Research - 22 Mar 2019
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