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2010-04-05

GAMUDA Did Not Broken RM3.00 Level, Price May Move Sideways


















Gamuda try 2 time to broken RM 3.00 level with positive news but unsuccessful so the price may go sideways for some time. However this share is good to be keep in view because financial result is getting better and usually Gamuda will issue out dividend on 3Q2010 around last week of June will power up the share to move higher.

Any price drop below RM 2.85 will be a good buy but this also need to come together with high vol.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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