Hey readers, remember that we mention that the Entry Price was Gamuda was 3.82. and yesterday it broke up the resistance and close at 3.85. Let hang to in and ready for ride the Bull WavE!!!!!
Another Leng Chai ( Handsome) Stock in progress..
Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bullish Crossover ( Bullish)
4) RSI - Break 70% (Bullish)
5) Sto - Bullish Crossover and break 80% ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick - White Candle 2x ( Bullish)
8) Volume Distribution - Selling Pressure is high at the last minute ( Bearish)
Conclusion
If on Monday it form a Doji, Bullish Engulfing or Candle, RSI,MACD and STO will provide a positive outlook and high chances to be a higher low
1 Points
7 Points
Conclusion
Winner BULL
Resistance 3.97 and 4.25
Support 3.68
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