RHB Investment Research Reports
Trading Stocks - GDB Holdings
rhbinvest
Publish date: Fri, 02 Feb 2024, 11:52 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
GDB Holdings may undergo a bullish breakout, as it rebounded above the 21-day SMA line while heading for the immediate resistance point of MYR0.235. If a breakout above that level happens, a bullish bias should emerge to lift the stock towards the MYR0.27 resistance, followed by MYR0.295. Conversely, falling below the MYR0.20 support would trigger a downward movement.
Source: RHB Securities Research - 2 Feb 2024
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