AWANTEC trade ideas
PRESBHD - Retesting of support>> Find us on Twitter & Telegram! We'll be happy to help
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PRESBHD SAHAM PRESBHD BERGERAK SEPERTI YANG DIJANGKA. MEMBUAT PENURUNAN HAMPIR SEIIRAS SEPERTI YANG LEPAS. SILA PERHATIKAN DENGAN LEBIH KERAP
Opportunity in KLSE Using Hourly Chart with +36% Return in 2 dayBased on hourly chart above, Prestariang formed a classic Volume Spread Analysis buy setup. 18 Line Change signal is spotted (as highlighted in red box) after accumulation stage with high volume. The increases in volume indicates smart money is locking up the weak-hand holders.
Notice there were no Sign of Weakness after the price break above the resistance level. Currently price is pulling back to support level. Look for Spring, No Supply or Test signals to confirm the pullback.
PRESTARIANG BERHAD 5204 nice support showing up I could see a decent support from 0.5 ~ 0.6 and as long as this levels are holding i'm staying with BULL for a moment.
Currently the trend is still on the down side, so this maybe a technical rebound at the moment.
On the upside from 0.99 ~ 1.0 will act as resistance level.
Trade safe.
