HAIDOJO_trading

EITA RSC BHD- top 20 jewel series of malaysia stocks

MYX:EITA   EITA RESOURCES BERHAD
top 20 jewels frm a very popular local bank...
fundamental : I don't know...

technical : let's look at some price action...

EITA has been uptrend since 2012, its inception till May 2017...now, it is standing at a crossroad, RM1.23...lower support at RM1.00-1.10...and resistance at RM1.50-1.57, higher resistance at RM2.10...
current support : RM1.00-1.10
resistance : RM1.50-1.57...
higher resistance : RM2.10..
in overall, EITA is trading in a sideway, and possibly forming a huge “head-and-shoulder” pattern...the neckline is formed at RM1.10, if broken below this support, it shall retest its beginning price at RM0.68-0.70...
WARNING : this is juz a trading idea...trade at your own risk!

plz like and share...

Comment: trade 69)

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