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eskopitehmilo
Nov 16, 2021 12:35 AM

A Breakout Signal! Long

AWC BERHADMYX

Description

The candlestick indicates a breakout signal due to significant price movement with high volume from buying interest. Hence the price closed outside the Bollinger band (BB). Creating an early shape of fishtail. Will it be able to continue the price-up momentum or have a price correction on the next trade?

MACD and OBV charts indicate a divergent signal and confirm the uptrend pattern.

To place your bid, use VWAP as a guideline and place your bid below the VWAP line.

Put AWC in your WL and watch out for price rally up momentum with volume.

R 0.685
S 0.585
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