Long
{SWC}—— WASEONG, Strong Breakout!
Thank you for continue following us:)
Strategy: Price Volume Analysis
Bias: Bullish. Price shoot up with volume today at the afternoon session, trading actively at the closing. It broke previous consolidation zone of RM1.29 and further broke previous shadow high of RM1.33, created a strong bollinger band breakout with the closing price of RM1.38.
If the momentum sustained, SWC expects a positive movement in near term.
R: RM1.46, RM1.50 after immediate resistance of RM1.40
If you found this idea is useful, don't hesitate to like and comment! :)
Strategy: Price Volume Analysis
Bias: Bullish. Price shoot up with volume today at the afternoon session, trading actively at the closing. It broke previous consolidation zone of RM1.29 and further broke previous shadow high of RM1.33, created a strong bollinger band breakout with the closing price of RM1.38.
If the momentum sustained, SWC expects a positive movement in near term.
R: RM1.46, RM1.50 after immediate resistance of RM1.40
If you found this idea is useful, don't hesitate to like and comment! :)
Trade closed: target reached
Day low accurately hit RM1.33.Reached RM1.46 accurately in one day time :)
Congrats everyone followed and profited :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.