GAMUDA shows a strong bullish trend. The recent breakout above resistance (at 9.00 MYR) is promising. Both the MACD and RSI indicate strong momentum with no clear divergences.
Potential Movement:
Bullish Scenario:
If the price stays above 9.00 MYR, it could continue to rise.
Bearish Scenario:
If it falls below 8.50 MYR, it might retrace to around 8.00 MYR.
In short, looks like the bulls are in charge for now! 📈 Keep an eye out for any shifts, though. 📊
Maximize profits by protecting the downside and minimize losses by seeking the best price.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
Potential Movement:
Bullish Scenario:
If the price stays above 9.00 MYR, it could continue to rise.
Bearish Scenario:
If it falls below 8.50 MYR, it might retrace to around 8.00 MYR.
In short, looks like the bulls are in charge for now! 📈 Keep an eye out for any shifts, though. 📊
Maximize profits by protecting the downside and minimize losses by seeking the best price.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
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