RHB Retail Research

Trading Stocks - Global Oriental

rhboskres
Publish date: Mon, 15 Mar 2021, 08:51 AM
rhboskres
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RHB Retail Research

Global Oriental’s multi-month sharp retracement has likely reached a low with the “Double-Bottom” formation. The possibility is high that a strong rebound is in the making. A positive bias is expected above MYR0.35 with resistance levels marked at MYR0.40 and MYR0.45. A downside breach of MYR0.35 would cancel this expectation.

Source: RHB Securities Research - 15 Mar 2021

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