Wednesday, August 03, 2011

Stock Watch : Gamuda

Gamuda : Closed at 3.60, gapped down and heavily selling pressure. It is back to the level I was watching. RSI 35 and bearish candlestick. So, it shall go lower and checking 3.45 for the next level to stalk.

Gamuda-wd : At a very critical and important level now, 1.30. Losing this level, we shall check her at 1.18 level, which is possible if mommy going to 3.45 level?

Wonder why it is moving lower? Any idea?


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