RHB Retail Research

Trading Stocks - GDB

rhboskres
Publish date: Fri, 06 Mar 2020, 05:12 PM
rhboskres
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RHB Retail Research

GDB may rebound further after it tested the MYR0.665 support in recent sessions. As it formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.715 level, with an exit set below the MYR0.665 point. Towards the upside, the immediate resistance is at the MYR0.795 level, followed by the MYR0.85 threshold.

Source: RHB Securities Research - 6 Mar 2020

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