VIZIONE recently broke above resistant line A , and then retraced and consolidated above support line B.
So far price unable to break below the support line B.
The most recent down wave (labelled as no. 2) also at the moment unable to break below line B.
If we look at the Weis Wave indicator, we can see that the down move 2 had a much higher cummulative volume...
1) Vizione breakout from days of downtrend.
2) Volumn is healthy.
3) SL is close below 24 June day low.
4) Profit target previous swing high.
5) Good risk/reward.
11/5/2020
Market Capital (RM) : 228.85m
EPS (cent) : 4.91
P/E Ratio : 7.54
ROE (%) : 4.82
Number of Share : 618.52m
Sector : Construction
Sub-Sector : Construction
