• Share price closed 4.2% higher at RM0.640 on Monday.
• GUH has broken out from its pennant pattern with high volume and see higher lows since 21 Sept.
• The share price is now trading above all key moving averages since 11 Oct. Backed by upticks in its indicators, the share price is poised to move higher.
• Resistance levels are identified at RM0.665 (R1) and RM0.675 (R2).
• On the flipside, support levels are pegged at RM0.600 (S1) and RM0.585 (S2).
Source: Rakuten Research - 26 Oct 2021
Chart | Stock Name | Last | Change | Volume |
---|
Created by rakutentrade | Aug 23, 2024