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Reiterate HOLD – G3 Global Bhd (29/10/22)
SP: RM0.025
RS:RM0.030
The price movement of G3 Global Bhd (“G3”) had been relatively flattish for the past 2 trading months, where a massive consolidation in selling pressure is seen, with little major holding power in the stock. Our proprietary fund flow and RSI filter had indicated slight increase in interest in the stock, however no clear indicator on signals to breakout on RM0.030 level yet.
Until further price and volume movement was seen for G3, we reiterate HOLD for G3.
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