KUALA LUMPUR (Nov 16): AllianceDBS Research said the immediate hurdle for Gadang Holdings Bhd (Gadang) was seen at RM2.79 and that Gadang had on Nov 15 filled the downside gap left behind on Nov 8.
It said the stock subsequently settled at the day’s high of RM2.77 (up 14 sen or 5.32%).
In its evening edition yesterday, the research house said Gadang continued to stay below the 20-day and 50-day moving average lines.
“Following the up close on Nov 15, the stock is likely to move higher again with immediate hurdle seen at RM2.79.
“A crossover of RM2.79 should see further price rise to the next overhead resistance at RM2.94.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tksw
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Posted by tksw > 2016-11-16 09:43 | Report Abuse
Gadang I no hope to buy back already, kasi bili FLB try try