Can Arab Polvara cross the long-term resistance?Monthly chart, Arab Polvara tested resistance line 1, and could not cross, rebounded to line 2.
The technical indicator MACD is positive, but RSI is in over-bought zone. So, a correction may happen.
Note: Recent trading volume is low.
I see the stock is currently trading in a critical price level, and needs to be above 7.10 to go next level to target 13.8 (long term)
