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E.A. TECHNIQUE – Breakout From Previous Resistance

EATECH’s share price rose an impressive 2.5 sen (5.8%) yesterday, closing at RM0.455 on the back of exceptionally healthy trading volume, with 5.2m shares exchanging hands - equivalent to around 2.6x of its daily average. Yesterday’s move can be interpreted as a Breakout from its Previous Resistance of RM0.435-0.445, potentially signalling a reversal after its long downtrend since March. Likewise



This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here

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E.A. TECHNIQUE – Breakout From Previous Resistance

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