We will Expect price of EKOVEST will go to RM0.70 (Minimum) movement due to Ending of Corrective Movement. Fundamental Approach also to be considered where this company have a long-term profitability. Do Your Own Analysis and TAYOR
Possible Big Move coming for Earnings ? As you can see, now the price of this stock's approaching to end of the impulsive wave which is a Wave 5 by making an Inverted Head and Shoulder Pattern to end the corrective Wave 4. With possible outcomes of the price might making a right shoulder at RM1.69 - 1.67 and Targeting to RM1.90 UPWARD MOVEMENT. TAYOR everyone !
Looking for long Position @ RM 0.81, Invalidation Level @ RM 0.75 and Target Price is RM 1.15 . Reason for long this stock is due to corrective phase Wave (IV) and expecting price would make an Expanding Diagonal for Wave V . Hence, Fundamental of this Company should be considered for long-term perspective. TAYOR !