$GAMUDA (5398.MY)$ Last posting recap : "Monday 14Apri 2025 ...
$GAMUDA (5398.MY)$ Last posting recap :
"Monday 14Apri 2025 may see it fulfilling the gap unfilled at 3.85 .Upon breaching the 250dayMA, it will then retest 3.96 its 20dayMA.The gap of 3.99 - 4.02 is relatively a tougher job at this juncture, unless there is a strong volume helping it to push through...."
Today14Apri 2025 performance :
Open : 3.85
High : 3.96
Low : 3.85
Close : 3.95
Volume : 16.01
Today the movement pathway was right on spot as read from the chart.
Tomorrow it may retest 3.99 and with the help of high volume pushing itself through 4.00 before trying to break 4.02 , a narrow upside gap it has to fill before it can scale higher. 4.12 , its 200dayMA will be the next hurdle to cross before coming to the crucial resitance formed by the upper edge of the short term bullish declining wedge at 4.18. Breaching which and staying persistently above that may indicate short term uptrend reversal .
In case of pullback 3.86, 3.66 will provide some cushion, and 3.48 serves as a meaningful strong support. Strictly an opinion Though ain't see much 'like', but hope the opinions expressed thus far have benefited all who followed. Opinions on KLSE Index and Genting Bhd also available for those who followed and those who are interested.
"Monday 14Apri 2025 may see it fulfilling the gap unfilled at 3.85 .Upon breaching the 250dayMA, it will then retest 3.96 its 20dayMA.The gap of 3.99 - 4.02 is relatively a tougher job at this juncture, unless there is a strong volume helping it to push through...."
Today14Apri 2025 performance :
Open : 3.85
High : 3.96
Low : 3.85
Close : 3.95
Volume : 16.01
Today the movement pathway was right on spot as read from the chart.
Tomorrow it may retest 3.99 and with the help of high volume pushing itself through 4.00 before trying to break 4.02 , a narrow upside gap it has to fill before it can scale higher. 4.12 , its 200dayMA will be the next hurdle to cross before coming to the crucial resitance formed by the upper edge of the short term bullish declining wedge at 4.18. Breaching which and staying persistently above that may indicate short term uptrend reversal .
In case of pullback 3.86, 3.66 will provide some cushion, and 3.48 serves as a meaningful strong support. Strictly an opinion Though ain't see much 'like', but hope the opinions expressed thus far have benefited all who followed. Opinions on KLSE Index and Genting Bhd also available for those who followed and those who are interested.
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