eskopitehmilo

A Breakout Signal!

Long
MYX:VS   V.S INDUSTRY BHD
Interesting with VS where significant price movement with volume confirmed buying interest. Hence, the candlestick body closed above MA20.

Precaution on price correction in today's trade where expect on price correction between 10% to 20% drop in value from a recent peak. Or the price can rally up.

MACD and OBV charts indicate a divergence signal and confirmed an uptrend pattern. Where the high possibility of price momentum rally up to the highest price peak.

Put VS in your WL and watch out for price momentum up or when MA20 crosses up MA50. Which indicates a long trade position.

R 1.65
S 1.50
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