RHB Retail Research
Trading Stocks - EG Industries
EG Industries is showing a good possibility of resuming its upward move following the completion of it correction phase around the 21-day SMA line. A positive bias may emerge above MYR0.57 with resistance points set at MYR0.65 followed by MYR0.69. A stop-loss below MYR0.57 is recommended.
Source: RHB Securities Research - 7 Sept 2020
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