RHB Retail Research
Trading Stocks - Econpile
Econpile may rebound further after it tested the MYR0.69 support in recent sessions. Yesterday’s white candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.73 level, with an exit set below the MYR0.69 threshold. Towards the upside, the immediate resistance is at the MYR0.785 mark. This is followed by the MYR0.825 level.
Source: RHB Securities Research - 9 Oct 2019
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