1. Near 52 weeks new high, uptrend 2. Price above 10 & 20MA, 10MA above 20MA 3. Break out downtrend line and 2 days low volume pullback to previous resistance 4. Previous resistance, trend line, 10 MA as support 5. VCP pattern setup
Coretan Trading Idea ini hanyalah kajian & pembelajaran sesuatu kaunter saham SAHAJA. Ini BUKAN merupakan satu bentuk BUY CALL kepada mana - mana pihak dari penulis. Mana - mana pelabur dan pedagang adalah bertanggungjawab terhadap tindakan dan pelaburan masing - masing. BERDAGANG DI ATAS RISIKO ANDA SENDIRI
An inverted hammer is formed showing it is at bottom of downtrend with banker chips still inside. A bullish candle is needed next for confirmation. Currently it is a good entry at support at 1.775 and the next resistance is at 2.280. A non-FA stock which is only good for short term holding. Disclaimer: Trade at your own risk.
Sectors: Consumer Products, Office Products, Household Goods, Consumer Products & Services