The price trendline indicates a price breakout signal due to significate price movement with volume above the MA20 line. The MA20 line cross over the MA50 line, hence, indicating a strong uptrend price momentum to the next price resistance.
The RSI indexes momentum towards the next indexes peak; indexes 70. This confirms the significate price momentum.
MACD and OBV indicate a divergence signal. Thus, confirming the price movement and RSI indexes.
Precaution for price correction between 10% - 20% from the recent peak before the price continues t the next price resistance.
Let's save MELEWAR in WL and watch out for price movement towards the next price resistance with volume.
R 0.450
S 0.385
The RSI indexes momentum towards the next indexes peak; indexes 70. This confirms the significate price momentum.
MACD and OBV indicate a divergence signal. Thus, confirming the price movement and RSI indexes.
Precaution for price correction between 10% - 20% from the recent peak before the price continues t the next price resistance.
Let's save MELEWAR in WL and watch out for price movement towards the next price resistance with volume.
R 0.450
S 0.385