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MeggsyLopez

Bullish Divergence Pattern @ MATRIX

Long
MATRIX CONCEPTS HOLDINGS BHD (MYX:MATRIX)  
MeggsyLopez  
MYX:MATRIX   MATRIX CONCEPTS HOLDINGS BHD
Trend Analysis Technical Indicators Chart Patterns bursamalaysia bursa bursasaham malaysia malaysiastockmarket malaysiastocktrading
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trendanalysis indicator chartpattern bursamalaysia bursa bursasaham malaysia malaysiastockmarket malaysiastocktrading
1. Bullish divergence pattern detected in RSI

2. OBV also showed bullish divergence pattern

3. Price had broke the pattern resistance with a bit high volume than normal.

4. Price had also retested the previous resistance that had been broke but with low volume.

5. Potential risk ratio is 3:1

6. Price may retested the EMA200 in the future.

Lets see
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