What is accumulation (stage 1)?
Accumulation happen when Smart Money accumulates large quantity of stocks at the lowest possible price over a period of time. This is a subtle and quiet process and usually you won't find the stock appear in top list.
Below are the clues of accumulation based on Spread Analysis:
1. Price moving sideways and well supported at RM5.76
2. Formed narrow spread bar with low for almost 2 months
3. Green HeatZone
4. Changes in trend with weak background indicates Smart Money is supporting the stock
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