+24.7% gained in 4 days – E.A. Technique (5259.KL)

18 Line Change signal is spotted on E.A. Technique chart on 01 October 2018. The line change come with high volume in the accumulation stage.

What is 18 Line Change and why it is so powerful?

18 Line Change is a wide range bar with high volume, closing on its highs, signaling the strength and ready to break above resistance. It is also indicates continuation of uptrend or reversal on downtrend as smart money want to push the price above the supply area.