CCK
CCK Fake Break Out or New 52 Week High at TF(4H)CCK Fake Break Out or New 52 Week High at TF(4H)
I ndikator NotaSaham Hybrid show Break Out (BO) signal at Time Frame (TF) 4 hours today (17/3/2021). Based on Fibonacci Retracement, price rebound at 61.8% which is equal to 0.670. The next resistance are R1 = 0.710 and R2 = 0.75.
For MACD (default), blue line nearly cross up red line which is both line in uptrend zone (above 0). Meanwhile, Stochastic RSI (default), already cross up 20% from oversold zone. Let's see tomorrow either CCK form fake BO or New 52 Week High (N52WH).
This is not a buy call, but just an idea for an educational purpose.
Disclaimer: Trade at Your Own Risk (TAYOR)