RHB Retail Research
Trading Stocks - GDB
GDB may rebound further after it tested the MYR0.67 support in its latest session. With the 21-day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR0.70 level, with an exit set below the MYR0.67 threshold. Towards the upside, the immediate resistance is at the MYR0.795 mark. This is followed by the MYR0.85 level.
Source: RHB Securities Research - 26 Feb 2020
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