RHB Retail Research

Technical Analysis - GHL Systems

rhboskres
Publish date: Tue, 30 Oct 2018, 09:22 AM
rhboskres
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RHB Retail Research

GHL Systems may rebound further after it tested the MYR1.52 support in recent sessions. This close sent the stock to its highest close in more than two weeks, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.63 level, with an exit set below the MYR1.52 threshold. Towards the upside, the near-term resistance is at MYR1.75. This is followed by the MYR1.86 level.

Source: RHB Securities Research - 30 Oct 2018

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