KUCHAI SWING TRADE SETUP - MOMENTUM TRADING
Pros
1. Near 52 weeks new high, 7% below 52 weeks high
2. Price above 10 & 20MA, 10MA above 20MA
3. Low volume pullback to previous resistance
4. Previous resistance, 10 & 20 MA as support
5. Double bottom setup
Cons
1. Low volume stock, risk of gap
Buy on price and volume increase
1. Near 52 weeks new high, 7% below 52 weeks high
2. Price above 10 & 20MA, 10MA above 20MA
3. Low volume pullback to previous resistance
4. Previous resistance, 10 & 20 MA as support
5. Double bottom setup
Cons
1. Low volume stock, risk of gap
Buy on price and volume increase
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