RHB Retail Research
Trading Stocks - E&O
E&O staged a positive follow-through on strong volume in the latest session after breaking out from its congestion area last Friday. A positive bias is set to appear above MYR0.43 with resistance levels set at MYR0.46 and MYR0.49. A downside breach of MYR0.43 would negate this expectation.
Source: RHB Securities Research - 2 Mar 2021
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