Friday, July 24, 2020

Technical Analysis July 2020: IX Biopharma (42C)



iX Biopharma Ltd (42C) 

Observation from Chart:

IX Biopharma (42C) forming cup & handle pattern.

Will it breakout & go higher?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ $0.315 level.
Subsequent support @ $0.29 level.

Immediate resistance @ $0.335 level
If able breakout, higher high is confirm. Uptrend will resume.

Let's watch closely for opportunity.

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