Saturday, July 2, 2011

Technical Analysis July 2011: Gamuda Berhad (5398)



Gamuda Berhad (5398)


Observation from Chart:

On 1 July 2011, Gamuda retest RM3.95 resistant level.

Will it break through this level?

If YES, it might retest next resistant, RM4.25 soon.

However, if retrace down, it might retest MA100 or bolinger middle band RM3.75 level.

Subsequent support at RM3.61 level.

Let watch closely for entry opportunity.




Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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