RHB Retail Research
Trading Stocks - Eco World International
Eco World International may rise higher after it formed a third consecutive white candle. The upward momentum would likely continue, given that it has breached above the downtrend line drawn in the chart. A positive bias may emerge above the MYR0.67 level, with an exit set below the MYR0.63 threshold. Towards the upside, the immediate resistance is at MYR0.73. This is followed by the MYR0.765 level.
Source: RHB Securities Research - 18 Jun 2019
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