CUSCAPI - Breakout 52 Weeks New High With High Volume
Updated
DAILY 9/2/2021:
Breakout : 52 Weeks New High
Market Stage : Permulaan Trend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 8x Ganda
Nilai Dagangan Breakout : Rm11 Juta
WEEKLY 8/2/2021:
Breakout : 52 Weeks New High
Market Stage : Permulaan Trend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 4x Ganda
Nilai Dagangan Breakout : Rm21 Juta
Breakout : 52 Weeks New High
Market Stage : Permulaan Trend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 8x Ganda
Nilai Dagangan Breakout : Rm11 Juta
WEEKLY 8/2/2021:
Breakout : 52 Weeks New High
Market Stage : Permulaan Trend
EMA : Baru nak diverge. Price > Ema20 > Ema50 > Ema200
Breakout Volume : 4x Ganda
Nilai Dagangan Breakout : Rm21 Juta
Comment
15/2/2021CUSCAPI has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.175 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
Comment
CUSCAPI has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.19 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
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