Fundamentally strong company. The next financial result is essential as we will be able to assess whether the company is able to increase their dwindling profit margin. I anticipate revenue will be above RM1bil, but as for profits...time will show. A fundamentally strong company, I believe GCB is a must-have in every investor's portfolio.
LONG
RM4-5
TAYOR
The study is based upon Volume Price Spread Analysis and M omentum
Major Trend-line breached.
Close: 3.02
EP: 3.08-2.96
Sl: 2.65
TP:3.29/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
GCB - Up momentum
Note: For Interested to subscribe the VT MCDX Smart Money Plus, and pls contact owner
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
GCB
Rst: 3.48
Spp: Upper BB
On the verge to Fibo Extension first tier resistance at 3.48, the widening of BB and strongly surge RSI suggests further upside to unfold.
GCB
Rst: 3.02
Spp: 2.91
Doji candle, still riding alongside upper BB, RSI & MACD still sustaining at bullish territory. The effect of widening BB still yet to dissipate. Staying above new psychological support 3 is critical for coming wave.
GCB
Trend: Tech rebound
Rst: 2.13/ 2.30
Spp: 1.88
Recovery in RSI and MACD may induce positive energy for the stock. Best case scenario can reach MA200.
GCB
Trend: Bullish
Rst: 3.25
Spp: 3.08
Weak candle but is formed above upper BB, means strength remains. Expecting bullish crossover of MACD and strong RSI will continue to support the stock momentum. No sign is asking you to sell now.
Strength in the chart:
1. Mark-up stage
2. Pullback
3. To test resistance soon
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
GCB
Trend: Bullish
Rst: 2.65/ 2.77
Spp: 2.47
Strong hammer candle today pushing from support level indicates more upside for the stock to unfold alongside with upper Bollinger Band. Find your support & resistance level in the chart.
