PSP has just entered RSI 70+ territory (currently ~73), marking the first time it has reached overbought levels in this cycle. This is a strong momentum signal after a long consolidation phase.
Analysis
Price is trading above the 52-week SMA (~4.37 THB), confirming a bullish shift in trend.
Momentum has been building steadily, supported by increasing volume, showing strong market participation.
The RSI crossing above 70 for the first time is often a sign of the beginning of a short momentum run, not necessarily the end.
Analysis
Price is trading above the 52-week SMA (~4.37 THB), confirming a bullish shift in trend.
Momentum has been building steadily, supported by increasing volume, showing strong market participation.
The RSI crossing above 70 for the first time is often a sign of the beginning of a short momentum run, not necessarily the end.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.