A significant price movement with a higher volume where the candlestick crosses over the MA20 indicates a breakout signal from the price trendline view.
MACD and OBV indicators indicate a divergence signal which supports the uptrend momentum uptrend.
Trade with precaution because RSI indexes are above 70, therefore, indicates that KAB is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price between 10% - 20% from the recent peak.
Let's save KAB in WL and watch out for significant price movement with volume.
R 0.495
S 0.390
MACD and OBV indicators indicate a divergence signal which supports the uptrend momentum uptrend.
Trade with precaution because RSI indexes are above 70, therefore, indicates that KAB is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price between 10% - 20% from the recent peak.
Let's save KAB in WL and watch out for significant price movement with volume.
R 0.495
S 0.390
