RHB Retail Research

Trading Stocks - Gamuda

rhboskres
Publish date: Wed, 03 Mar 2021, 06:21 PM
rhboskres
0 9,021
RHB Retail Research

Gamuda has been trading in a possible sideways pattern over the past three weeks, and hovering around the 21-day SMA line. A positive bias is expected above MYR3.30, with resistance levels marked at MYR3.47 and MYR3.58. A downside breach of MYR3.30 would negate this positive expectation.

Source: RHB Securities Research - 3 Mar 2021

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