Rakuten Trade Research Reports
Technical View - Guan Chong Bhd
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Publish date: Thu, 15 Jun 2023, 09:11 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Guan Chong Berhad (GCB, 5102)
- Share price closed 5.1% higher at RM2.48 on Wednesday.
- GCB found support at RM2.26 and is currently on the edge of rebounding. Accumu since early June. Indicators are also showing uptick momentum, therefore share p to move higher.
- Resistance levels are identified at RM2.51 (R1) and RM2.57 (R2).
- On the flipside, support levels are pegged at RM2.26 (S1) and RM2.19 (S2).
Source: Rakuten Research - 15 Jun 2023
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