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...
The trend is your friend. The rainbow average is your guidance angel. If the price is trading above the rainbow, it is a rising angel. Buy and sell at your own risk as the market can change at anytime without any warming. www.klsescreener.com
Strength in the chart:
1. Accumulation stage
2. Line Change high volume
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sideway Trading Opportunity
First TP: 45cent
CL: < 34cent
Patience is needed for sideway trading
OR you can keep in watchlist and revisit after it breaks 0.45 sideway R
Strength in the chart:
1. Changes in trend with volume
2. Forming support with Spring
3. To retest resistance soon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...
