RHB Retail Research
Trading Stocks - GDB
GDB may rebound further after it tested MYR0.305 support in recent session. Last Friday’s close has sent the stock to its highest close in more than six months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.325 level, with an exit set below the MYR0.305 threshold. Towards the upside, the near-term resistance is at MYR0.365. This is followed by the MYR0.395 level.
Source: RHB Securities Research - 15 Apr 2019
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