Lim's Blog
IJM & GAMUDA
When you compare the charts of IJM and GAMUDA last 12 months with the charts for 2008-2009, the similarity is pretty uncanny. It looks like both stocks are tracing out their bottoms. Take a look at the MACD and ADX indicators.
Chart 1: IJM's monthly charts for 2007-2009 & 2017-2019
Chart 2: Gamuda's monthly charts for 2008-2009 & 2018-2019
I think that it may be a good time to nibble into these 2 construction stocks.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
