Gamuda (GAM) The LT Wedge pattern for Gamuda (GAM) is still intact and the price movements in the 1H2017 were in line with what we expected. After breaking out above RM4.94, the stock is now on its way higher towards its adjusted Fibonacci target of RM5.65-5.80. As long as prices continue to stay above the wedge support (currently at RM5.20), we expect the stock to reach its Fibonacci target