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A Price Breakout Signal!

Short
MYX:NICE   NICHE CAPITAL EMAS HLDG BHD
A significant price movement on recent trade make the candlestick in a price breakout signal where the price closed above the MA20, MA50 and MA200 line with high volume confirming the significant price price movement to the highest peak.

The RSI indicator have not yet cross-over indexer 70, therefore, it still within the tolerance level.

MACD and OBV indicators confirming the price uptrend where it indicate a positive uptrend towards next price resistance.

Precaution for a price correction between 10% to 20% from the recent price peak due to a short position by the trades. And beware of the price support line.

Let's save NICE in WL and watch out for price movement to the next price resistance with volume supporting the price movement to the next price resistance.

R 0.180
S 0.135
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