RHB Retail Research
Technical Analysis - GHL Systems
GHL Systems may climb higher after it breached above the MYR1.70 threshold. This upward momentum is likely to continue, as it has posted a third consecutive white candle. A bullish bias may appear above the MYR1.68 level, with an exit set below the MYR1.54 threshold. Towards the upside, the near-term resistance is at MYR1.90. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 1 Nov 2018
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