GADANG - Turning BULLISH based on ICHIMOKU CLOUD ?GADANG - CURRENT PRICE : RM0.355
GADANG is changing trend from sideways to UPTREND. Take note that the high is getting higher and the low is getting higher.
The stock is BULLISH based on ICHIMOKU CLOUD because :
i) CHIKOU SPAN is above candlestick
ii) Price is above CLOUD
iii) CHIKOU SPAN is above CLOUD
iv) There is a bullish crossover (TENKAN SEN crosses up KIJUN SEN) - Personally i don't use TENKAN SEN and KIJUN SEN to trading or analysing.
ENTRY PRICE : RM0.355
TARGET : RM0.385 , RM0.410 , RM0.440
STOP LOSS : RM0.320
Notes : GADANG is a construction company. According to TA Research, the group's construction order book stood at RM1bil as of end-November 2024. The company is syariah compliant.
