Monday, August 3, 2020

Technical Analysis Aug 2020: Biolidics (SGX: 8YY)


Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) forming triangle pattern. 

Will it break the resistance or support? 

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

Immediate resistance @ $0.495 level.
Subsequent resistance @ $0.58 level.

Immediate support @ $0.38 level. 
Subsequent support @ $0.28 level. 

Let's watch closely for opportunity.

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