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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 22 Jan 2020, 12:34 PM

 

Stocks on Radar - Ekovest (8877)

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Ekovest has rebounded from its low to test the immediate resistance level of RM0.845. With a rising RSI, a bullish bias may be present above this mark with target prices of RM0.90 and RM0.95. In this case, the immediate support is anticipated at RM0.795, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.845
Target: RM0.90, RM0.95 (time frame: 3-6 weeks)
Exit: RM0.795

Source: AmInvest Research - 27 Nov 2019

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Labels: EKOVEST

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Chart Stock Name Last Change Volume 
EKOVEST 0.725 -0.01 (1.36%) 15,195,200 

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