Gamuda has to close above RM3.65 or risk falling further. Weakness is confirmed on a close below RM3.55 and a position can be liquidated if it happens. Support is expected at the recent low of RM3.35 but a violation of that could see the stock at RM3.00, with support also expected at RM3.20. However, a close above RM3.65 should see the continuation of a rebound but strong resistance is expected at RM4.00.
Source: OSK
No comments:
Post a Comment