RHB Retail Research
Trading Stocks - GHL Systems
GHL Systems formed a long white candle, indicating that the momentum of buying could be strong. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. An upbeat bias may emerge above the MYR1.76 level, with an exit set below the MYR1.64 mark. Towards the upside, the immediate resistance is at the MYR1.90 level, followed by the MYR2.00 threshold.
Source: RHB Securities Research - 17 Apr 2020
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