MYX:SJC   SENI JAYA CORPORATION BHD
The candlestick pattern indicates a price action to break out R1 price resistance without volume support which shows low conviction and interest from buyers. Therefore, the price is more likely to continue moving up because of the less resistance from the seller.

The price action uptrend move is not in tandem with the positive trend where MACD and RSI didn't indicate a supportive technical reading. Therefore, details technical analysis is required.

Let's save SJC in WL and watch out for price action uptrend move with support from volume together aligned with positive technical reading from MACD and RSI.

R 0.545, 0.570
S 0.455
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.