RHB Retail Research
Trading Stocks - Econpile
Econpile may climb higher after posting a long white candle and hitting its highest close in more than two months. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may emerge above the MYR0.75 level, with an exit set below the MYR0.70 mark. Towards the upside, the immediate resistance is at MYR0.85. This is followed by the MYR0.90 level.
Source: RHB Securities Research - 2 Jul 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
