Gas Malaysia Bhd
Mon, 18-Nov-2024 06:44 am
by Muhammad Subaiyil Amir • Apex Research

GASMSIA (5209)
Last Price (RM)
3.830
Resistance (RM)
R1 — 4.000 / R2 — 4.100
Support (RM)
S1 — 3.700

Technical Commentary: 

Price is still on the uptrend formation in recent months despite bouts of volatility. Following the recent pullback and briefly slide below EMA20, price found stability and recovered above EMA9. For now, traders may monitor for a potential breakout above RM3.85 to target next resistances located at RM4.00-RM4.10. Downside wise, support is envisaged at RM3.70.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.455268 4.488135
EUR 4.716585 4.723137
CNY 0.616518 0.616862
HKD 0.572409 0.576643
SGD 3.318330 3.343262