Based on weekly chart, Coraza shows a rebound from the trendline which forming higher low. Then, todays (2/6/2023) pattern is quite the same as 21 November 2022 pattern and there maybe a possibility for the stock to move higher.
Note
Today, the price break the resistance RM0.845 and close with high volume. This is a good start as the stock rebound from last week's decline.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.