GD Express Carrier may rebound further after it tested MYR0.30 support in recent session. As the stock has formed a long white candle above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.335 level, with an exit set below the MYR0.30 threshold. Towards the upside, the near-term resistance is at MYR0.40. This is followed by the MYR0.45 level.
Source: RHB Securities Research - 27 Feb 2019
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Created by rhboskres | Aug 26, 2024