EONCap is testing its uptrend line

EONCap is testing its uptrend line support at RM6.10 today. This is also a strong horizontal support. EONCap has dropped back form its high of RM8.45 recorded on July 13th. At the current level of RM6.10-15, EONCap could be a good Trading Buy, with a stop loss set at RM5.80 (i.e. 30 sen below the uptrend line support-cum-horizontal support of RM6.10).

Chart: EONCap's weekly chart as at December 14 (courtesy of Quickcharts)