RHB Retail Research
Trading Stocks - GFM Services
GFM Services has been trading in a possible multi-month sideways pattern over the past five months, with MYR0.405 being the support level. A positive bias may emerge above this point, while an exit can be placed below the same threshold. Towards the upside, immediate resistance is pegged at MYR0.49 (also near the 30-day SMA), followed by MYR0.535.
Source: RHB Securities Research - 23 May 2019
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