Can Hyflux Break this Resistance?

Hyflux is facing an important support turn resistance level to break at about $2.90. This level was the previous supports on 4 occasions. Failing to break this resistance will continue Hyflux down trend as a pattern of lower high, lower low is formed.

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  1. Marubozu

    3 white bullish candles for continuous 3 trading days to break the resistance. However, the trading volume is very thin. It is still too early to tell whether the bull has enough strength to continue the upward charge.

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