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ShareWorldConsulting
Feb 11, 2020 5:35 PM

{SWC}——PCCS, rally continuation?  Long

PCCS GROUP BHDMYX

Description

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Strategy: Price Volume Analysis

Bias: Bullish. PCCS suffered from stock price declining in the past one month, the short term down trend seems reversed after the dragonfly doji formed on 3rd feb and the price started to rise. Today, PCCS recorded a big spike with significant volume. The closing price was 0.430, where a Bollinger Band Mid Band breakout was observed. If the momentum sustain, SWC believes there will be a positive movement in near term.

S: 0.425, 0.415
R: 0.450, 0.470
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