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eskopitehmilo
Mar 11, 2024 12:27 PM

A Divergent Signal! Long

UMEDIC GROUP BERHADMYX

Description

The candlestick indicates a divergence signal where the price closed above the MA line compared with previous candlesticks without significant results in volume. Therefore, an attempt to push the price towards next price peak resistance with low volume.

MACD and RSI indicators indicate a positive trend, hence, support the price movement towards next price resistance.

Let's save UMC in WL and watch out for significant price movement with result in large volume of stock been traded.

R 0.685
S 0.620
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