The price candlestick indicates the price rebound from the MA20 line with a significant price movement due to fresh buying interest on the TANCO. Without volume backed the price uptrend.
MACD and OBV indicate a divergence signal hence confirming the price uptrend towards the next price resistance.
The price Point of Control (PoC) is 0.295 where a significant volume of buying at that price.
To place a bid, use VWAP as a guideline and place the bid below the VWAP line.
Let's save TANCO in WL and watch out for significant price movement backed by high volume towards the next price resistance.
R 0.310
S 0.275
MACD and OBV indicate a divergence signal hence confirming the price uptrend towards the next price resistance.
The price Point of Control (PoC) is 0.295 where a significant volume of buying at that price.
To place a bid, use VWAP as a guideline and place the bid below the VWAP line.
Let's save TANCO in WL and watch out for significant price movement backed by high volume towards the next price resistance.
R 0.310
S 0.275
