RHB Retail Research
Trading Stocks - GPA Holdings
GPA Has been developing a rebound phase on improving volume over the past few sessions. This rebound may be extended further, if the price pushes above the 21-day SMA line. A positive bias may appear above MYR0.18, with resistance points pegged at MYR0.205 and MYR0.22. This positive case should remain in place, if the MYR0.19 does not fail.
Source: RHB Securities Research - 16 Nov 2020
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