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RHB Investment Research Reports

Author: rhbinvest   |   Latest post: Thu, 18 Apr 2024, 10:10 AM

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

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Trading Stocks - Global Oriental

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Global Oriental is set for an uptrend continuation as it broke above the MYR0.325 resistance last Friday on strong trading volume – reversing the profit taking momentum held last Thursday. Coupled with the “higher high” bullish structure, the stock is expected to climb further towards the MYR0.37 resistance of 2 Jun’s high, and then the MYR0.39 resistance, which was 30 May’s high – also the 52-week high. If it falls below the support level of MYR0.29, the stock may trend downwards as it trades below the 21-day average line.

Source: RHB Securities Research - 5 Jul 2022

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Labels: GOB

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Chart Stock Name Last Change Volume 
GOB 0.185 0.00 (0.00%) 1,400 

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