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Strategy: Price Volume Analysis
Bias: After sideways for weeks, breakout from box consolidation zone was observed this morning at RM0.27, with huge volume.
With huge volume breakout, momentum was generated and hit a high of 0.295.
If the momentum and volume sustain, SWC believe this stock will have a positive movement in near term.
Support: 0.280 (hourly chart), 0.270 (day chart)
Resistance: 0.295 (intraday high), 0.305, 0.320
If you found this idea is useful, don't hesitate to like and comment. :)
Strategy: Price Volume Analysis
Bias: After sideways for weeks, breakout from box consolidation zone was observed this morning at RM0.27, with huge volume.
With huge volume breakout, momentum was generated and hit a high of 0.295.
If the momentum and volume sustain, SWC believe this stock will have a positive movement in near term.
Support: 0.280 (hourly chart), 0.270 (day chart)
Resistance: 0.295 (intraday high), 0.305, 0.320
If you found this idea is useful, don't hesitate to like and comment. :)
Nota
Supported well RM0.270 accurately :)Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
