eskopitehmilo

A Divergence Signal!

Short
MYX:KPOWER   None
MACD and OBV indicate a divergence signal with RSI confirming average price gains from the previous trade. Where volume was closed above the MA20 line.

It is possible KPOWER is in the accumulation phase since the candlestick is still in a sideway pattern due to no significate price momentum to break out the sideway trendline.

Let's put KPOWER in WL and watch out for significant price movement with volume where it will breakout the sideways trendline.

R 0.290
S 0.215

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