Monday, July 27, 2020

Technical Analysis July 2020: SingMedical (5OT)

Singapore Medical Group Limited 

Observation from Chart:

SingMedical (5OT) attempt few round MA200 level but unable breakout & forming ascending triangle pattern

Will it breakout resistance level ?

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

Immediate support @ $0.26l evel.
Subsequent support @ $0.25 level.

Immediate resistance @ $0.275 level which is MA200
Subsequent resistance @ $0.34 level.

Let's watch closely for opportunity.

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