RHB Investment Research Reports

Trading Stocks - GDB Holdings

rhbinvest
Publish date: Fri, 02 Feb 2024, 11:52 AM
rhbinvest
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GDB Holdings may undergo a bullish breakout, as it rebounded above the 21-day SMA line while heading for the immediate resistance point of MYR0.235. If a breakout above that level happens, a bullish bias should emerge to lift the stock towards the MYR0.27 resistance, followed by MYR0.295. Conversely, falling below the MYR0.20 support would trigger a downward movement.

Source: RHB Securities Research - 2 Feb 2024

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