GAMUDA MARK UP CAMPAIGN
So, a rare schematic of wyckoff spotted. Finally.
A Type #1 Schematic of Accmulation
I have been started my position as attached, along with my clients (Red Line)
Technically :
1/ The Spring is very nice, Textbook Classic as mentioned by David Weiss
2/ The Feather's weight along with SpringBoard (Yellow LIne) prompted us to add position
With the QR, released yesterday showing an increase profit margin + revenue + earning.
PureWyckoff
GAMUDA trade ideas
GAMUDA GOING FOR MARK UPVery nice Re-Accmulation Pattern here
I have been actively Accmulating the share since MId September 2024 :
These are my list of Entry & Exit :
1st POE : 17/9/2024 (Black Arrow)
2nd POE : 9/10/2024 (Black Arrow)
-EXIT : 21/10/2024 (Red Arrow)
Re-Initiated PE :
1st : 22/10/2024 (Black Arrow, This time i went with Full Position)
2nd : 4/11/2024 (Blue Arrow, I went with Overweight Position)
Purely Wyckoff Entry, i always aiming for, a condition in which i am in Assymetrical Leverage
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.
GamudaAlgo TradingSystem by Remisier CheDin
The current market conditions, as identified by my algorithmic system, indicate potential upward signals. These signals include increased trading volume, an upward trend with prices above the EMA20 and EMA50. Consequently, the present conditions suggest a possible upward trend.
It's crucial to remember that trading strategies account for only 10-20% of your overall trading success. The majority of your success depends on effective risk management. This involves having a well-defined trading plan and appropriate position sizing, which are essential for maintaining the right trading psychology. Master your risk management and trade according to your plan.
Gamuda, experienced increased investor interest1. 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 average over the past two months, signaling sustained upward momentum and bullish sentiment."
3. Recently, a bullish breakout triangle pattern has emerged, suggesting the potential for a continued upward movement."
How to protect capitals base on GAMUDA1. 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 to plan, then already plan to fail.
Or else, be prepare of Red ♥️ portfolio. It was -9% from the latest high
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
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GAMUDA - Sector Movement Leader ?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 (≈ 12%)
Target 2: Around 4.80 (≈ 20%)
Disclaimer:
This material is a sharing for discussion purpose ONLY and DOES NOT represent a buy or sell call. Please conduct your own independent evaluation and risk assessment before investing. Trade at your own risk.
#TAYOR
GAMUDA Weekly ChartI 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.
Disclaimer:
Not a buy call recommendation, just my personal analysis based on chart pattern and technical indicator. Trade at your own risk.
Monitor - GamudaSector: 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.
GAMUDA - Potential LONGHI, 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 move 2 ) with strong volume.
The latest down move 3 is a retracement of the up move 2 , and this downmove 3 again had lower volumes, which may indicate no supply again.
If I'm gonna buy this counter, I would buy once the Heikin Ashi candle turns green again, provided that price did not break below D.
I used Heikin Ashi candle to smooth out the bars and the Weiss wave , especially on small time frame. However, the actual appearance of the bar is still important especially the position of the close as it will help tell the balance between buyers and sellers. (At the breakout point C, the actual breakout bar has a close that was near to the high, indicating a valid breakout).
Trade at your own risk, comments are welcomed.
Gamuda kembali mendaki. 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 to reward ratio hampir dua kali. Dalam pada itu pada 8 april kumpulan wang persaraan telah beli 500k unit saham gamuda. Selamat bertrading.
momentum kenaikan bermula?harga bergerak sekitar ma200 yang merupakan penunjuk utama trend. hari ini dibuka 'gap down' lantaran dji jatuh shingga 610 mataa. Namun kaunter ini cuba naik ke 3.15 namun gagal tutup pada harga tertinggi harian. jumlah belian pada sesi petang agak tinggi. mungkin akan cuba kembali naik pada harga psikologi 3.3 dan 3.4 dalam minggu ini.