RHB Retail Research
Trading Stocks - GFM Services
GFM Services continued to sustain its prior session’s breakout from the 21-day SMA line – suggesting it may be extending its upward move, following the recent completion of its correction phase. A positive bias may emerge above MYR0.18, with resistance points set at MYR0.215, followed by MYR0.23. A stop-loss can be placed below MYR0.18.
Source: RHB Securities Research - 7 Aug 2020
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