- Stock managed breakout on 40 SMA and tested on 30 SMA. It can go both way. From my point of view, it has higher possibility to drop further due to the volume.
- MACD is turning bullish.
- Stage Attribute is in bearish region.
- As compared to overall Bursa market, the counter managed to flip from underperform to outperform the general market.
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TradeBursaForALiving
OP
:
On the side note, a classic MACD bearish divergence has formed in end of July 2024. Higher high in price and lower low in MACD. This indicates the trend reversal.
SPSETIA has turned bearish in MACD and broke long-term MA (black line).
TradeBursaForALiving OP : On the side note, a classic MACD bearish divergence has formed in end of July 2024. Higher high in price and lower low in MACD. This indicates the trend reversal.
SPSETIA has turned bearish in MACD and broke long-term MA (black line).