RHB Retail Research
Technical Analysis - GFM Services
GFM Services formed a white candle after it tested the MYR0.46 support mark in the prior session, suggesting it may resume its upward trend. The 30-day SMA line, which continued to edge higher, also lended support to the positive bias. Towards the upside, the immediate resistance is expected at MYR0.53, this is followed by MYR0.59. A stoploss can be placed at below MYR0.46.
Source: RHB Securities Research - 29 Nov 2018
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