Stock Alert: GMDC Ltd

2 days ago🔎 Chart Pattern: GMDC Ltd is currently forming a bullish pennant on the weekly timeframe. This is a strong technical signal that a breakout may be on the horizon, indicating a potential upward trend.

💰 Dividend: The company is also offering a healthy dividend payout on 20th September. It’s a great opportunity for income-focused investors!

📈 Potential: If the stock breaks out of the pennant pattern with strong volume, it could be a great entry point for long-term investors. The potential upside could be nearly 100% returns in the long-term view!

🚨 Action: Keep an eye on the breakout with good volume before entering. This could be a fantastic opportunity to invest in a fundamentally solid and technically strong stock!

As always, do your own research or consult a financial advisor before making any decisions.