The candlestick indicates a trend change in the price of the stock due to buying interest backed by significant volume compared with the previous trading.
The 0.475 is the price Point of Control with fresh buying interest that has emerged and is set to lift the stock higher.
MACD and OBV also indicate a divergence signal. Hence, align with the candlestick trend change of the price to the next price resistance.
The MA50 line will be the next price resistance and is worth watching out for.
Let's save PEKAT in WL and watch out for the price closed above the MA50 line backed by significant volume.
R 0.490
S 0.450
The 0.475 is the price Point of Control with fresh buying interest that has emerged and is set to lift the stock higher.
MACD and OBV also indicate a divergence signal. Hence, align with the candlestick trend change of the price to the next price resistance.
The MA50 line will be the next price resistance and is worth watching out for.
Let's save PEKAT in WL and watch out for the price closed above the MA50 line backed by significant volume.
R 0.490
S 0.450
