{SWC}——MCT, Consolidation Breakout!
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Strategy: Price-Volume Analysis
Bias: Bullish. MCT traded actively today with huge volume. Price spiked up to 0.340 before retraced.
Broke out from the resistance RM0.320 box consolidation, indicating a short term good signal.
If the volume and momentum sustained, SWC believes there will be positive movement in near term.
S: 0.320, 0.300
R: 0.340, 0.355, 0.365
If you find this idea helpful, dont hesitate to drop us a like and welcome to comment below! :)
Strategy: Price-Volume Analysis
Bias: Bullish. MCT traded actively today with huge volume. Price spiked up to 0.340 before retraced.
Broke out from the resistance RM0.320 box consolidation, indicating a short term good signal.
If the volume and momentum sustained, SWC believes there will be positive movement in near term.
S: 0.320, 0.300
R: 0.340, 0.355, 0.365
If you find this idea helpful, dont hesitate to drop us a like and welcome to comment below! :)
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