Tuesday, November 7, 2017

Technical Analysis Nov 2017: GAMUDA (5398)


GAMUDA BERHAD (5398) 

Observation from Chart:

GAMUDA retest RM4.64 strong support level?

Will it rebound ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call.

Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.05 level.

Immediate support @ RM4.64 level.
Subsequent support @ RM4.50 level.

Let's watch closely.

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