GAMUDA Weekly Chart

I shared GAMUDA VCP setup earlier on 15 July. Can check the link below.

Today i want to share the weekly chart setup for GAMUDA.

Chart forming back stage 2 starting March 2022. Blue line pointing up.

18 July weekly price breakout the primarily trendline. After breakout resistance, it will re-test the resistance as it support. (15 Aug that week)

After re-test, price bounce back to and this week shown breakout! Let's see if can further attack or not.

Check out the volume development in weekly chart. Institute is accumulating the ticket starting end of Feb.

Not a buy call recommendation, just my personal analysis based on chart pattern and technical indicator. Trade at your own risk.


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