Apr 20, 2015

Global Oriental Berhad (GOB); Testing The RM0.56 resistance

Global Oriental Berhad (GOB) Stock Code: 1147

Global Oriental Berhad (GOB) Daily ChartGOB_analysis

Global Oriental Berhad (GOB) was testing the MYR0.56 resistance level in its latest session. Traders may buy if this level is surpassed in the near term, with a target price of MYR0.645. In the meantime, the stock may consolidate further if the MYR0.56 level cannot be surpassed. In this scenario, further support may then be found at MYR0.505, where traders can exit upon a breach.

by RHB


The Company is an investment holding and its subsidiaries are engaged in the property development activities.