The RSI indicates a positive outlook due to the emergence of buying interest from the previous trade. Hence pushed the price into a significant price movement backed by high volumes.
The MA13 crosses up the MA50 indicating a strong uptrend toward the next price resistance backed by the MACD indicator which indicates a divergence signal.
Let's save PEKAT in WL and watch out for significant price movement toward price resistance.
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.
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.