aresleo

BROKE RESISTANCE at 0.420

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MYX:GFM   GFM SERVICES BERHAD
formed ascending triangle pattern and broke resistance 0.420. Next resistance is at 0.550, will retrace a bit and if it can hold 0.420 as it new support it will goes higher. GFM is also still in uptrend based on ema and ADX indicator. Adx is at 34 on 1H chart while di+ is still above di- 41 to 7. Smart money indicates banker is still inside GFM and will possibly push price higher towards 0.550. Trading volume on friday is at 196mil beating its average volume of 79mil. In my opinion GFM is very bullish right now.
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