GAMUDA, what next?
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.