GFM Services is set to propel northwards, as it bounced off the previous breakout level of MYR0.24 yesterday while cementing its uptrend above the rising 21-day SMA line. The latest bullish momentum may propel the stock towards the next resistance of MYR0.275, followed by MYR0.31. On the other hand, falling below the MYR0.215 support will negate the bullish setup.
Source: RHB Securities Research - 5 Dec 2023
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Created by rhbinvest | Nov 28, 2024