The candlestick pattern indicates rising candlesticks methods, hence, a bullish continuation candlestick pattern that occurs in an uptrend towards the next price resistance. Backed by high-volume support the price continuous movement.
RSI indicates a fresh buying interest in the stock hence the oscillator graph above indexes 50. Thus confirming the price movement.
The OBV and MACD show a continuous uptrend and backed the price movement toward the next price resistance.
Precaution for a price correction between 10%-20% from the recent peak due to short position by the traders.
Let's save TOPGLOV in WL and watch out for significant price movement towards the MA50 line backed with volume.
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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.