1. The analysis of Gamuda's stock price utilizing the EMA 100, EMA 50, and EMA 20 indicates that the price has consistently remained above these lines, suggesting a bullish trend in the mid to long term." 2. Gamuda has demonstrated robust performance compared to the KLCI index, as indicated by its Relative Strength (RS) consistently staying above its moving...
1. Broken all the EMA lines 2. Broken the parallel channel >>> or operator push down to collect cheap tickets for dividen? >>> potential of rebound? Not for this moment. Gotta observe the next move. Trader's rules: + should get ready to run when broken first EMA line. ++ run first, think again when broken 2nd EMA lines +++ run when hit own CL plan. If fail...
1. GE15 & Budget 2023 Theme 2. CGS-CIMB Top 1 Pick for Construction Sector (Refer to sector note dated 12 Sept 2022) 3. Breakout on WEEKLY chart signaling POSSIBLE trend change. (Something is brewing?) IMPORTANT: Knowing that CONSTRUCTION INDEX still under consolidation phase. Always stay caution for sector bearish downside risk. Target 1: Around 4.40 (≈...
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...
GAMUDA forming VCP with 2 contraction below: C1: -11% C2: -3% Recent price and volume action looks good. Waiting breakout C2. Disclaimer: Not buy call recommendation, sharing on technical analysis through chart pattern and trend. Trade at your own risk.
On an Uptrend with immediate support at 3.28 TP1 is 3.7 Weekly timeframe is also bullish
Pontential rebounce for Gamuda ? Support 2.995 Resistance : 3.250
GAMUDA did a false breakthrough at 3.24 and 200-day EMA after inverse H&S. New downtrend channel created. RSI fell below 50.
Supply is currently compressed, H4 formed a Bullish Engulfing . Might see a breakout soon. Alternative scenario would be a triangle breakout to continue its bearish trend , making a new low. *DYOR on fundamentals.
Sector: Construction Bullish, Uptrend and Strong Bull MCDX Banker Spike more than 10% Banker's Volume 55% , 0% Retailer Volume Slow Turtle, ATOM trigger buy signal with 1.2 VRatio FiFT Turned +ve Slow Turtle Support is 3.74 which is about 5% below current price at 3.89 Rst is around 4.0.
TP: 5.3 Exit: 3.2 Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GAMUDA breakout from the sideways box (3.25-3.60) 3.60 can act as immediate support level resistance 3.75. next resistance at 3.99
HI, this looks like a classical retest-after-breakout setup Line A is the previous resistant at B, then price broke up at C with strong volume (effort to rise). Price later retraced back to line A, and the last downmove 1 was associated with low volume, thus showing lack of selling pressure (No Supply) After retesting line A at D, price moved back up ( up...
Gamuda trend reversal start pada 20 march. then buat retracement pada 30 march. Retracement pada 0.618 fibonacci menunjukkan petanda awal untuk strong uptrend. then break previous resistance at 3.03 dan menuju ke atas. trading idea buy entry pada 3.16 , stop loss pada 3.03 , take profit pada 3.40/3.45 iaitu pada fibonacci 1.618 atau resistant pada 5 march. Risk...
GAMUDA Rst: MA50 Spp: 3.00 Bearish engulfing candlestick formation emerged from MA50 hints the construction giant will stage for further retracement.