The price set a new high peak record with volume confirmed the buying momentum.
MACD and OBV charts confirm the uptrend pattern.
Using price and volume analysis there is no sign of price correction when buying momentum exceeds selling interest. However, extra precaution is required since the candlestick body is closed outside Bollinger Band (BB).
To place a bid, use VWAP as a guideline and place the bid below the VWAP line.
R 0.700
S 0.600
MACD and OBV charts confirm the uptrend pattern.
Using price and volume analysis there is no sign of price correction when buying momentum exceeds selling interest. However, extra precaution is required since the candlestick body is closed outside Bollinger Band (BB).
To place a bid, use VWAP as a guideline and place the bid below the VWAP line.
R 0.700
S 0.600
