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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 16 Oct 2020, 6:09 PM

 

Trading Stocks - GDB

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GDB formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR0.70 level, with an exit set below the MYR0.66 mark. Towards the upside, the immediate resistance is at the MYR0.80 level, followed by the MYR0.85 threshold.

Source: RHB Securities Research - 18 Feb 2020

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Labels: GDB

Related Stocks

Chart Stock Name Last Change Volume 
GDB 0.66 -0.025 (3.65%) 7,528,300 

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