Since it broke the final S-Trader Trend Tracker resistance level at RM0.2498 on 15 Feb, the price action failed to close successfully within or above the resistance zone formed by RC2-1 (RM0.2711) and RC2-2 (RM0.252) on several occasions.
During
1st half trading session today, the share price successfully penetrated into
the resistance zone with
closing price at RM0.26 before break-time with relatively very high volume traded.
If the price action remains strong at the end of trading day, there is a possibility it may attracts more activities to this counter
Daily chart. (Based on 21 Feb lunch break-time closing price)
Source :
1) Metastock
Note
:
1) "Power Within Metastock"
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