Wah, Gamuda is beautifully remained in the channel. The next intermediate resistance level could be as near as RM3.05. For less aggressive traders could exit half (or more) of your position when it touches this level and fall back. It is definitely a retracement. For higher risk trader, trail your STOP LOSS @ the trade [...]

Despite of negative sentiments in the market, GAMUDA is still growing strong and trade at the channel. Adjust your STOP LOSS to RM2.80 now.

As discussed in previous post, Gamuda is seen trading within the channel. It rebounded after hitting the support level. the new STOP LOSS should be readjusted to RM2.60, below the channel. We shall continue to observe the performance for next couple days. If strength comes in, it will potentially hit RM3.00.

Continue to observe Gamuda for these couple days. It is within a trading channel. The next support level could well be RM2.50. You could buy now and put the STOP LOSS @ RM2.50 and take profit (for short term trade) @ once it touches the channel. If you’re in long term trade, you could hold [...]