Based on the chart and the On-Balance Volume (OBV) indicator, ARTRONIQ appears to be in an uptrend. The OBV line has been steadily increasing, indicating that buying pressure is increasing. Additionally, the stock has recently broken through a resistance level at around RM0.75, which is a bullish signal.
However, it is important to note that the stock has experienced a significant increase in volume recently, which could indicate that there may be some profit-taking or consolidation in the near future. Traders should keep an eye on the OBV line for any signs of weakness, such as a divergence from the price trend.
Overall, ARTRONIQ appears to be a good short-term trading opportunity, but traders should be cautious and monitor the stock closely for any signs of weakness.
However, it is important to note that the stock has experienced a significant increase in volume recently, which could indicate that there may be some profit-taking or consolidation in the near future. Traders should keep an eye on the OBV line for any signs of weakness, such as a divergence from the price trend.
Overall, ARTRONIQ appears to be a good short-term trading opportunity, but traders should be cautious and monitor the stock closely for any signs of weakness.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
➀➁➂➃➄
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.