RHB Retail Research

Trading Stocks - GD Express Carrier

rhboskres
Publish date: Wed, 27 Feb 2019, 05:18 PM
rhboskres
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RHB Retail Research

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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