GAMUDA BHD

GAMUDA, what next?

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GAMUDA shows a strong bullish trend. The recent breakout above resistance (at 9.00 MYR) is promising. Both the MACD and RSI indicate strong momentum with no clear divergences.

Potential Movement:

Bullish Scenario:
If the price stays above 9.00 MYR, it could continue to rise.

Bearish Scenario:
If it falls below 8.50 MYR, it might retrace to around 8.00 MYR.

In short, looks like the bulls are in charge for now! 📈 Keep an eye out for any shifts, though. 📊


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