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eskopitehmilo
Jan 21, 2022 12:54 AM

A Divergence Signal! Long

WONG ENGINEERING CORPORATIONMYX

Description

RSI indicates a divergence signal although the candlestick shows a sideway pattern without forming any distinct price trends over some period of time due to the accumulation of the stock by the operator.

MACD and OBV indicate an early sign of divergence signal. Hence probability it is a good position to bid before significant price movement towards the MA20 line.

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

Let's watch out WONG for significant price movement with volume

R 0.695
S 0.610
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