{SWC}——SALUTE, Time to Salute!
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Strategy: Price Volume Analysis
Bias: Bullish . Salute made a breakout with volume above the resistance zone of RM0.940. SWC spotted this few days earlier and already mentioned in the SWC trading ideas channel.
The big player was accumulating the ticket at RM0.935 zone to recharge for a breakout above the resistance.
The long signal was confirmed with the further breakout above the BB upper zone, indicating a significant momentum.
It should further break RM1.00 in very very short term and will head towards RM1.04, RM1.06, RM1.09!
It formed rising flag pattern earlier and is forming a cup and handle pending for further breakout!
Stay tune for the profit!
If you find this idea helpful, kindly drop us a like and leave your comment!
Strategy: Price Volume Analysis
Bias: Bullish . Salute made a breakout with volume above the resistance zone of RM0.940. SWC spotted this few days earlier and already mentioned in the SWC trading ideas channel.
The big player was accumulating the ticket at RM0.935 zone to recharge for a breakout above the resistance.
The long signal was confirmed with the further breakout above the BB upper zone, indicating a significant momentum.
It should further break RM1.00 in very very short term and will head towards RM1.04, RM1.06, RM1.09!
It formed rising flag pattern earlier and is forming a cup and handle pending for further breakout!
Stay tune for the profit!
If you find this idea helpful, kindly drop us a like and leave your comment!
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