ShareWorldConsulting

WCEHB: Breakout Downtrend Line plus Gap Up

Long
MYX:WCEHB   WCE HOLDINGS BERHAD
Thanks for following us.

Strategy: BreakoutDowntrend Line and Gap Up

Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440.

Resistance: 0.440, after immediate resistance of 0.400
Support: 0.345, after the gap up support area of 0.360-0.370


If you found this idea is useful, don't hesitate to like and comment! :)
Trade closed: target reached:
Hit immediate resistance in one day!
Covered earlier since RM0.355!
Congrats members and students who followed earlier 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.