RHB Retail Research

Trading Stocks - Evergreen Fibreboard

rhboskres
Publish date: Mon, 15 Apr 2019, 08:57 AM
rhboskres
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RHB Retail Research

Evergreen Fibreboard was testing the MYR0.395 level recently. A bullish bias may be present above this point with a target price of MYR0.415, followed by MYR0.43. The stock may turn sideways if it cannot surpass the MYR0.395 threshold in the coming sessions. Support may be found at MYR0.36, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 15 Apr 2019

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