Friday 21 Jun 2024
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KUALA LUMPUR (Dec 5): RHB Retail Research said GFM Services Bhd is set to propel northwards, as it bounced off the previous breakout level of 24 sen on Monday while cementing its uptrend above the rising 21-day SMA line.

In a trading stocks note on Tuesday, the research house said the latest bullish momentum may propel the stock towards the next resistance of 27.5 sen, followed by 31 sen.

“On the other hand, falling below the 21.5 sen support will negate the bullish setup,” it said.

 

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