HONGSENG - Trendline breakout

Updated
Price has broken the trendline on 29/07/2022 and formed pullback around the trendline area.
Would this indicates for HONGSENG to change direction to uptrend?

Potential entry:
RM0.495 - RM0.57

Resistance:
RM0.505 / RM0.54

Support:
RM0.49

Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
Trade closed: stop reached
Hit stop loss at support RM 0.49
Supply and DemandTrend Lines

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