Technical Analysis Oct 2016: GAMUDA (5398)
GAMUDA BERHAD (5398)
Observation from Chart:
GAMUDA succeed breakout bolinger band squeeze.
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.10 level.
Immediate support @ RM4.91 level.
Subsequent support @ RM4.87 level.
Let's watch closely.
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