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RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 5 Dec 2019, 5:08 PM

 

Trading Stocks - GD Express Carrier

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GD Express Carrier formed a long white candle, indicating that the momentum of buying could be strong. As the stock marked a higher close vis-à-vis the previous sessions since 1 Jul, this indicates a positive sign. A positive bias may emerge above the MYR0.29 level, with an exit set below the MYR0.26 threshold. Towards the upside, the immediate resistance is at the MYR0.33 level. This is followed by the MYR0.36 level.

Source: RHB Securities Research - 4 Jul 2019

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Labels: GDEX

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