Friday, August 21, 2020

Technical Analysis Aug 2020: AsiaMedic (SGX: 505)

 

AsiaMedic Limited 

Observation From Chart:- 

AsiaMedic (SGX: 505) rebound from sideway consolidation. 

Will it retest $0.035 resistance level? 

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

Immediate resistance @ $0.035 level, 
If able breakout $0.035 resistance level, higher high is confirm. Uptrend will resume. 

Immediate support @ $0.02 level. 
Subsequent support @ $0.013 level. 

Let's watch closely.

0 comments:

Post a Comment