Saturday, July 22, 2017

Technical Analysis July 2017: GAMUDA (5398)



GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA break uptrend support level.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM5.42 level.
Subsequent resistance @ RM5.52 level.

Immediate support @ RM5.07 level.
Subsequent support @ RM5.00 level.

Let's watch closely.

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