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Avoid Stock with Weak Background - DRB Hicom (1619.KL)
DRB-HICOM BHD
Avoid Stock with Weak Background - DRB Hicom (1619.KL)
By TradeVSA
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Sep 6, 2018
1
Sep 6, 2018
https://www.tradingview.com/x/hD52oXap/
Reason to Avoid:
1. Spotted Up-Thrust (UT) on 20 August 2018 with high volume
2. No Sign of Strengths appear after 20 August indicate no support from smart money
3. Price broke below support level at RM2.26
4. Changed in trend and turned to bearish red heatzone
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