RHB Retail Research

Trading Stocks - GUH Holdings

rhboskres
Publish date: Mon, 09 Aug 2021, 09:16 AM
rhboskres
0 9,021
RHB Retail Research

GUH Holdings is set to extend its uptrend as it breached above the MYR0.595 resistance level on strong trading volume. The bullish momentum that accelerated above the resistanceturned-support level may lift the stock towards the next resistance at MYR0.665, followed by MYR0.70. However, if the stock drops below the MYR0.545 support, this expectation would be cancelled.

Source: RHB Securities Research - 9 Aug 2021

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