RHB Retail Research
Technical Analysis - GFM Services
GFM Services was testing the MYR0.445 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.485, followed by MYR0.52. The stock may consolidate further if it cannot breach the MYR0.445 threshold in the near term. Support may be found at MYR0.405, where traders can exit upon a breach to minimise the downside risk
Source: RHB Securities Research - 24 Dec 2018
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