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A Breakout Pattern!

Long
MYX:HUAYANG   HUA YANG BHD
The candlestick indicates a price breakout above the " triangle" pattern neckline on 2 Oct 2022 backend with volumes. Thus, closed above the SMA line where the stock has consolidated and formed a "return move".


The MACD indicates a divergent pattern where confirming the initial significant price movement toward the next price resistance.

The RSI indicates a bullish reading backed by a positive signals in the trend.

Let's save HUAYANG in WL and watch out significant price movement toward the next price resistant backed by volumes.

R 0.195
S 0.160

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