Friday, July 31, 2020

Technical Analysis July 2020: MEDTECS INTL (546)


MEDTECS INTERNATIONAL CORP LTD 

Observation From Chart:- 

MEDTECS INTL (546) retest $0.93 resistance level. 

How about this round, will it breakout? 

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

Immediate resistance@ $0.93 level, 
If able breakout $0.93 resistance level, higher high is confirm. Uptrend will resume. 

If retrace down,
Immediate support @ $0.77 level. 
Subsequent support @ $0.71 level. 

Let's watch closely.

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