{SWC}—— GDEX, momentum trading! Thank you for continue following us:)
Strategy: Price Volume Analysis
Bias: After sideways for weeks, breakout from box consolidation zone was observed this morning at RM0.27, with huge volume.
With huge volume breakout, momentum was generated and hit a high of 0.295.
If the momentum and volume sustain, SWC believe this stock will have a positive movement in near term.
Support: 0.280 (hourly chart), 0.270 (day chart)
Resistance: 0.295 (intraday high), 0.305, 0.320
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