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A Divergence Signal!

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MYX:KAB   KINERGY ADVANCEMENT BERHAD
The candlestick indicate a divergence signal where the price closed above the MA line without significant result in volume.

RSI is gaining positive momentum due to fresh buying interest from the trader on the stock. But not contribute much on the volume.

MACD indicates a divergence signal and coherence with the candlestick price where the price closed above the MA line.

Is this will be a turning point for the stock towards next higher price peak? Using the resistance line is a good way to indicate if the price is gaining momentum towards next price peak.

Let's save KAB in WL and watch out for significant price movement with volume support the price uptrend momentum.

R 0.360
S 0.290
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