RHB Retail Research
Trading Stocks - Evergreen Fibreboard
Evergreen Fibreboard may be heading northwards, as it attempted to surpass the recent high of MYR0.45 – coupled with strong trading volume. If it manages to move past that level, it may reach the MYR0.49 immediate resistance, then MYR0.515. However, falling below the MYR0.415 support may see the stock descending further.
Source: RHB Securities Research - 15 Nov 2021
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