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A Divergence Signal!

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MYX:SEDANIA   SEDANIA INNOVATOR BERHAD
The candlestick body and volume closed above the MA20 line, hence, indicating a divergence signal with a possibility of an uptrend pattern.

The RSI indicates strong gain momentum towards indexes 50.

MACD and OBV indicators indicate a divergence signal. Hence, confirming the price movement towards the next price resistance.

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

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

R 0.440
S 0.355
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