RSAWIT–> Major Support with Volume Accumulating

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RSAWIT was in a downtrend since the end of 2012, in 2013, RSAWIT started to form a bottom with major support level at 0.75 while forming a higher low, which indicating a reversal is taking place.

If we analyze with the volume set up, there are high volume pushing the price up several times. With recent extreme high volume achieving 1 year high with price resisted at 0.86 resistance level.

Take note of 0.86 level, if this level is broken, RSAWIT will reverse to Bull Trend. But do take note at the next resistance level 0.92.

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