RHB Retail Research
Technical Analysis - GD Express Carrier
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GD Express Carrier may rebound higher after it continued holding above the MYR0.405 support. Yesterday’s candle sent the stock to its 2-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.44 level, with an exit set below the MYR0.405 threshold. Towards the upside, the near-term resistance is at MYR0.50. This is followed by the MYR0.55 level.
Source: RHB Securities Research - 26 Jul 2018
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