TradingView
eskopitehmilo
Aug 18, 2022 12:48 AM

A Price Breakout Signal! Short

CUSCAPI BHDMYX

Description

The candlestick indicates a price breakout signal due to significant price movement where the price closed above the MA50 line with volume above the MA20 confirming the price volume trend.

MACD and OBV also indicate a divergence signal and confirm the price uptrend towards the next price resistance.

Precaution where RSI is above indexed 70; overbought or overvalued. Hence, it may be primed for a trend reversal or corrective price pullback or price correction.

Let's save CUSCAPI in WL and watch out for signification price movement with volume towards the next price resistance.

R 0.305
S 0.250
More