AFTER a strong rally, Gadang Holdings Bhd (Gadang) shares retraced from the 10-year peak of RM2.04 on July 24 to a low of RM1.18 in mid-December last year on a five-month correction process due to profit-taking activity.
Thereafter, the stock fluctuated in a moderate band amid bargain hunting, alternated with profit-taking activity before a fresh bout of buying momentum sent its price higher.
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