RHB Investment Research Reports
Trading Stocks - GFM Services
rhbinvest
Publish date: Tue, 05 Dec 2023, 10:35 AM
rhbinvest
0 4,426
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
GFM Services is set to propel northwards, as it bounced off the previous breakout level of MYR0.24 yesterday while cementing its uptrend above the rising 21-day SMA line. The latest bullish momentum may propel the stock towards the next resistance of MYR0.275, followed by MYR0.31. On the other hand, falling below the MYR0.215 support will negate the bullish setup.
Source: RHB Securities Research - 5 Dec 2023
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