RHB Retail Research
Trading Stocks - GHL Systems
GHL Systems may move higher after it formed another white candle and leaving an upside gap. Since the 21-day SMA line will likely begin turning upwards, this also implies a positive outlook sentiment. A positive bias may emerge above the MYR1.47 level, with an exit set below the MYR1.33 threshold. Towards the upside, the immediate resistance is at the MYR1.62 level. This is followed by the MYR1.71 level.
Source: RHB Securities Research - 26 Jul 2019
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