RHB Retail Research
Trading Stocks - GDB
GDB may rebound further after it tested the MYR0.315 support in recent sessions. Given that the stock has formed a long white candle above the rising 21-day SMA line, the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.33 level, with an exit set below the MYR0.315 threshold. Towards the upside, the near-term resistance is at MYR0.37. This is followed by the MYR0.40 level.
Source: RHB Securities Research - 15 Jul 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....
