GLBHD (7382) - GLBhd: Upside Breakout

Golden Land Bhe ("GLBhd", formerly Tanah Emas Corporation Bhd) has broken above the line connecting its recent peaks, RR at RM1.35 last Friday. With this bullish breakout, the stock may rise to its potential target price of RM1.75.

Based on technical breakout, GLBhd could be a trading BUY.


Chart: GLBhd's monthly chart as at May 15, 2015 (Source: ShareInvestor.com)

Note: 
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, GLBhd.

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