RHB Retail Research
Trading Stocks - Gadang
Gadang’s upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s white candle can be regarded as a continuation of the rebound that started off 3 May’s “Bullish Engulfing” pattern. A bullish bias may emerge above the MYR0.82 level, with an exit set below the MYR0.785 threshold. Towards the upside, the immediate resistance is at MYR0.91. This is followed by the MYR0.96 level.
Source: RHB Securities Research - 8 May 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
