A Breakout Signal!

77
The price candlestick indicates a price breakout signal where the price closed above MA20 and MA50 lines with volume crossing up the volume MA20 line. Hence, confirming the price breakout towards the next price resistance.

The RSI indicator confirms the significate price movement towards indexer 70.

MACD and OBV indicators indicate a positive uptrend momentum. Hence, confirming the price momentum towards the next price resistance.

Precaution for a price correction between 10% - 20% from the recent high peak due to short position by the traders.

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

R 0.885
S 0.780

Penafian

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