The candlestick indicates a price breakout due to significate price movement with volume confirming the price movement. The Price closed above the MA200 line, hence with the possibility of a strong price uptrend pattern towards the next price resistance.
A precaution where the RSI is above indexes 70 where LAYHONG becomes overbought.
MACD and OBV indicators confirm the price movement towards the next price resistance.
Let's save LAYHONG in WL and watch out for significant price movement with volume towards the next price resistance.
R 0.275
S 0.240
A precaution where the RSI is above indexes 70 where LAYHONG becomes overbought.
MACD and OBV indicators confirm the price movement towards the next price resistance.
Let's save LAYHONG in WL and watch out for significant price movement with volume towards the next price resistance.
R 0.275
S 0.240