taufan_ganas

QES: Will it breakout the horizontal trendline?

taufan_ganas Updated   
MYX:QES   QES GROUP BERHAD
After bouncing twice at strong support of 0.725, volume just started to enter and QES is next trying to test the nearest resistance (R1) at 0.790.
It is expected that price will climb further to the next resistance (R 2) at 0.845 if price manage to penetrate the R1 tomorrow.
We will QES performance this week!
Comment:
Price unable to breakout R1 at 0.790 and possibly to retrace at horizontal support (S1) at 0.720
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