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GHL Systems may rebound further, says RHB Retail Research

TheEdge Thu, Apr 23, 2020 08:00am - 2 months ago

KUALA LUMPUR (April 23): RHB Retail Research said GHL Systems Bhd may rebound further after it tested the RM1.82 support in its latest session.

In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this implies a positive outlook.

“An upbeat bias may emerge above the RM1.92 level, with an exit set below the RM1.82 mark.

“Towards the upside, the immediate resistance is at the RM2.10 level, followed by the RM2.20 threshold,” it said.


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