Eye On Stock - WCE Holdings

WCE Holdings Bhd’s (code: 3565) two-year descending trend halted in its tracks at the start of 2019 as the share price took on a sideways trading direction.

This lent the opportunity for a reversal and a return to an uptrend. However, a couple of attempts in February and March this year to breach the negative trend line came to no success. It was only over the last two trading sessions that a tentative breach was made, lending hope that the stock would make a break out of its negative posture.