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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Created by rhboskres | Aug 26, 2024