Lii Hen is one of the famous furniture counter in Malaysia Stock Market who has just breakout from a 1.5 years downtrend line since 2017 which has just posted a good result. Besides the breakout from the technical analysis we could see that from the fundamental point of view the company performance is pretty convincing as well. Market Capital : 534m ROE :...
Entering Phase D - Build Up with Bullish Candle and Increasing Volume - Good entry price is around that rectangle box, or buy at breakout. - Stop loss: 2.820
Based on the daily chart, Lii Hen still moving in the accumulation level. Few interesting signals for Volume Spread Analysis traders should take note: 1. Smart Money have tried 3 times to shakeout weak-hand holders as spotted in TradeVSA’s Spring signals. 2. A good breakout with high volume on 15 November, however seller re-mergence after the breakout and pushes...