Technical analysis for UWC Stock based on Trend Analysis, Chart Pattern and VPA
UWC Rst: 5.98 Spp: 5.79 Positive progress, green candle re-emerge above pennant BO neckline, signalling chance to break away from Fibo Ext 61.8%. So far no sign of dragging.
UWC Theme: Tech Rst: 5.90 Spp: 5.40 Second violation of upward trendline after first attempt done on 03-MAR, when red candle flushed below lower BB and plagued by plunging indicators, the stock shall see further weakness towards RM5 again.
UWC Rst: 10.00/ 11.30 Spp: 9.56 Trend continuation, bullish breakout done from falling wedge formation, meaning the stock will now progress to next Fibo level at 11.30
UWC Rst: 6.84 Spp: 6.0 Shooting star candlestick emerged right from Fibo Extension 161.8%, usually stock tends to take a rest once extrapolate from Fibo Ext 100% - 161.8% zone. But this is not the end of bullish cycle yet, it may retrace and if can survive above 100% zone, the uptrend will continue.
UWC 22/8/2020 Target 5.600 achieved , no sign of weakness yet in candlestick patterns UWC 20/8/2020 breakout resistant 4.970, projected target at 5.600 area. UWC 15/8/2020 it is good here if the macd sloping down but the share price able to hold , support at 4.100 UWC 13/8/2020 if this flag pattern is able to break , we may see uwc going higher UWC 12/8/2020...
UWC has been riding on a solid uptrend line. Almost every time when it touched the trend line, it immediately climbed back up and chart higher. After a few days of minor correction, it seems to be forming a ascending triangle. EP: 4.690-4.700 TP: 5.170 CL: 4.550
UWC Rst: 4.98/ 5.46 Spp: 4.61 Bullish symmetrical triangle breakout, at the same time propelled the stock from Fibo Ext 61.8%, the surging Bollinger Band will continue to induce upside for the stock. Do you want to know how far the bullish trend can last? Join our premium channel to learn from our coach today, contact MR ED 012-9022474
UWC Kelihatan telah menyiapkan 5 gelombang kenaikan. Overall nampak UWC adalah satu saham yang sangat bagus dan kenaikan yang sangat impulsif. Kini kenaikan mungkin bakal berakhir. Sasaran awal adalah pada bahagian atas saluran menaik. Sekiranya UWC memecahkan paras RM4.48 sen, admin berpendapat bahawa harga akan terus menuju ke bawah. Abang Doji.