HLIB Retail Research – 27 Oct - Bullish Tracker:
EG - (RM0.525) , Main Market , Industrial Materials, Components & Equipment
Value resurface after 8 months sell down; Riding on the E&E and 5G bull run; Pending double bottom
Time frame: 7 days
Entry: RM0.510-0.53
Stop Loss: RM0.49
Resistance: RM0.560-0.595-0.63
Target price: RM0.57-0.60
Risk profile: Moderate
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