RHB Retail Research
Trading Stocks - Evergreen Fibreboard
Evergreen Fibreboard has been showing signs of developing a minor consolidation below the MYR0.445 threshold, a level that coincides with the multi-week downtrend and 21-day SMA lines. An upside breach of MYR0.445 could see the stock extend its rebound, with the next resistance levels set at MYR0.48 and MYR0.52. A downside breach of the MYR0.415 support would negate this expectation.
Source: RHB Securities Research - 15 Jan 2021
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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....
