RHB Retail Research
Trading Stocks - Econpile
Econpile may rebound further after it tested MYR0.70 support in recent sessions. As the stock rose above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR0.735 level, with an exit set below the MYR0.70 threshold. Towards the upside, the immediate resistance is at the MYR0.785 level, followed by the MYR0.82 threshold.
Source: RHB Securities Research - 4 Nov 2019
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