Technical Radar - Gas Malaysia Bhd
Tue, 24-Oct-2023 08:16 am
by Lee Cherng Wee • Apex Research

GASMSIA (5209)
Last Price (RM)
3.180
Resistance (RM)
R1 — 3.250 / R2 — 3.300
Support (RM)
S1 — 3.080

Price has surged significantly this month and is temporarily capped by the resistance of RM3.18. Futher upside can be seen towards RM3.25-3.30 if this hurdle is beaten. Shorter EMAs (9 and 20) have crossed above longer EMAs (120 and 200) to indicate an uptrend. Monitor for pullback with support at RM3.08.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.210973 4.249411
EUR 4.954495 4.965490
CNY 0.589445 0.590817
HKD 0.536642 0.541158
SGD 3.306006 3.333319