The candlestick indicates a low price momentum compared with the T-2 candlestick with the price closed above the opening price. Hence, the candlestick indicates a divergence signal where high volume momentum; crosses above the MA20 line.

MACD and OBV indicators indicate a divergence signal and confirm the price candlestick towards the MA20 line.

The price Point of Control (POC) of 0.840 will be a price resistance for today trading. If the price closed above 0.840 or 0.865then it will begin a price uptrend towards the MA20 line as new resistance.

To place a bid, use VWAP as a guideline and place the bid below the VWAP line or POC.

Let's save TOPGLOV in WL and watch out for significant price movement towards the next price resistance.

R 0.840, 0.865
S 0.795

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.