RHB Retail Research
Trading Stocks (mid-day) - GD Express Carrier
At the time of writing, GD Express Carrier was testing the MYR0.23 resistance. If a decisive breakout occurs, a bullish bias may be present above this point, with a target price of MYR0.255, followed by MYR0.27. The stock may consolidate further if it cannot decisively breach above the MYR0.23 mark in the coming sessions. Support may be found at MYR0.20, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 28 Apr 2020
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