RHB Retail Research
Trading Stocks - GHL Systems
GHL Systems may rise higher after it breached above the MYR1.50 threshold. This upward momentum is likely to continue, given that it has formed a second consecutive long white candle. A positive bias may emerge above the MYR1.50 level, with an exit set below the MYR1.40 threshold. Towards the upside, the immediate resistance is at MYR1.71. This is followed by the MYR1.80 level.
Source: RHB Securities Research - 9 Jan 2020
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