Rakuten Trade Research Reports

Technical View - GUH Holdings Bhd

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Publish date: Fri, 15 Apr 2022, 03:50 PM
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GUH Holdings Bhd (GUH, 3247)

• Share price closed 5.77% higher at RM0.55 on Thursday.

• GUH closed above its MA 200 line today with strong volume. It is trading at its long midterm uptrend line.

• Coupled with its uptick in RSI and MACD indicators, its share price is expected to move higher.

• Resistance levels are identified at RM0.565 (R1) and RM0.58 (R2).

• On the flipside, support levels are pegged at RM0.49 (S1) and RM0.485 (S2).

Source: Rakuten Research - 15 Apr 2022

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