RESINTECH BHDPembelian
Is It an Uptrend Pattern?
A significant price movement make RESINTC closed above MA20. MACD and OBV charts also showing a positive divergence. It is a beginning of a long trade position. Put this in your WL and watch out for a Break-Out (BO) pattern this week.
You can consider using VWAP 15 minutes chart to identify Entry Price (EP) and place your bid below the VWAP line. Because generally, the price will retrace back below the VWAP line. Test it first if VWAP can help you identify the EP bid.
R 0.730
S 0.600
You can consider using VWAP 15 minutes chart to identify Entry Price (EP) and place your bid below the VWAP line. Because generally, the price will retrace back below the VWAP line. Test it first if VWAP can help you identify the EP bid.
R 0.730
S 0.600
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