RHB Retail Research
Trading Stocks - EG Industries
EG Industries may trend higher after it formed another white candle and climbed above the MYR0.30 mark. Yesterday’s candle can be viewed as a continuation of the bulls extending the rebound from 2 Mar’s “Hammer” pattern. A positive bias may emerge above the MYR0.305 level, with an exit set below the MYR0.285 threshold. Towards the upside, the immediate resistance is at the MYR0.34 mark. This is followed by the MYR0.375 level.
Source: RHB Securities Research - 6 Mar 2020
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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....
