Due to high demand on YBS, the candlestick body indicates a breakout signal with volume above the MA20 line confirmed the trend.
Will YBS able to continue the price momentum up or have a price correction in the next trade? Using the Volume Profile indicator as a guideline the PoC is 0.710. Therefore, a high possibility will have a price correction. Precaution where the expectation of having a price correction ~10% from the current peak will minimum sell volume.
MACD and OBV charts indicate a divergence signal hence with MA20 above MA50. It is a high possibility of a strong uptrend.
Let put YBS in WL and watch out for significant price movement with volume supporting the uptrend.
R 0.820
S 0.635
Will YBS able to continue the price momentum up or have a price correction in the next trade? Using the Volume Profile indicator as a guideline the PoC is 0.710. Therefore, a high possibility will have a price correction. Precaution where the expectation of having a price correction ~10% from the current peak will minimum sell volume.
MACD and OBV charts indicate a divergence signal hence with MA20 above MA50. It is a high possibility of a strong uptrend.
Let put YBS in WL and watch out for significant price movement with volume supporting the uptrend.
R 0.820
S 0.635