RHB Retail Research
Trading Stocks - Evergreen Fibreboard
Evergreen Fibreboard has been consolidating over the recent sessions, above the 21-day SMA line and around the upper bound of the multi-week sideways trading range. A breakout from this sideways range would be confirmed if the stock crosses above MYR0.465, with the following resistance levels pegged at MYR0.49 and MYR0.53. A downside breach of MYR0.44 would negate this bias.
Source: RHB Securities Research - 15 Mar 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....
