RHB Retail Research
Trading Stocks - CDB
GDB may rebound higher after it continued holding above the MYR0.22 support. Yesterday’s candle sent the stock to its highest close in nearly a week, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.22 level, with an exit set below the MYR0.22 threshold. Towards the upside, the near-term resistance is at MYR0.26. This is followed by the MYR0.275 level.
Source: RHB Securities Research - 10 Jan 2019
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