GFM Services may have completed bottom-building phase, says RHB Retail Research

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KUALA LUMPUR (Sept 22): RHB Retail Research said GFM Services Bhd may have completed its bottom-building phase and it is in the process of resuming its upward move.

In a trading stocks note today, the research house said a positive bias may appear above 18.5 sen with resistance points set at 21 sen and 23 sen.

“A downside breach of 18.5 sen would invalidate this positive thesis,” it said.