eskopitehmilo

A Divergence Signal!

MYX:PARLO   PARLO BERHAD
A significant price movement makes the candlestick top been pushed above the MA50 line then closed below the MA20 line with volume yet to exceed the MA20 line volume.

The RSI indicates a divergence signal towards index 50 due to strong buying momentum.

MACD and OBV indicators indicate an early signal of divergence signal hence entering a new phase of an uptrend pattern.

Let's save PARLO and watch out for significant price movement with volume towards the next price resistance.

R 0.155
S 0.140
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