LBS Bina Group Bhd.

Is LBS in sideway pattern?

40
There is no significant price movement and volume which leads LBS to a sideway pattern now. Volume from recent traded also showing it lesser than Volume MA20. Watch out for MA20 and EMA50. If MA20 crosses up EMA 50, then it will long position. Put it on your watchlist and see if there is significant price movement to confirm it in BreakOut (BO) signal. Hence, it is a Divergence or change in pattern to an uptrend pattern.

R 0.485
S 0.455

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