Gamuda Berhad (5398)
Observation from Chart:
On 4 August 2011, Gamuda retest RM3.54 support level.
Will it break down this level?
If YES, subsequent support would be around RM3.45 level.
Other indicator:-
1. No reversal candlestick been formed.
2. MACD remain at negative region.
3. Stochastic %K no trigger buy call.
So, it is high probably further retrace down, retest next support.
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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