The daily and weekly candlesticks indicate a positive trend. Hence, a strong uptrend pattern backed by large volume confirms the uptrend movement towards the price resistance R1.
MACD indicates a positive outlook, hence, confirming the price uptrend.
Precaution for a price correction between 5%-10% from the recent price with a minimum volume being transacted.
Let's save EKOVEST in WL and watch out for significant price movement after the price correction towards R2.
R 0.435, 0.490
S 0.365
MACD indicates a positive outlook, hence, confirming the price uptrend.
Precaution for a price correction between 5%-10% from the recent price with a minimum volume being transacted.
Let's save EKOVEST in WL and watch out for significant price movement after the price correction towards R2.
R 0.435, 0.490
S 0.365
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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.
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.