Technical Analysis Dec 2018: GAMUDA (5398)
GAMUDA BERHAD (5398)
Observation from Chart:
GAMUDA gap down from RM3.20 level & consolidate side way.
Will it breakout the RM2.55 resistance level & close the gap ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM2.55 level.
Subsequent resistance @ RM3.00 level.
Immediate support @ RM2.25 level.
Subsequent support @ RM2.00 level.
Let's watch closely.
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