Tuesday, August 11, 2020

Technical Analysis Aug 2020: DPHARMA (7148)

 

DUOPHARMA BIOTECH BERHAD 

Observation from Chart:- 

DPHARMA (7148) forming ascending triangle pattern.

Will it breakout RM3.40 resistance ? 

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

Immediate support @ RM3.10 level. 
Subsequent support @ RM2.60 level 

Immediate resistance @ RM3.40 level. 
Subsequent resistance @ RM3.67 level. 

Let's watch closely.

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