Technical Analysis Aug 2020: Silverlake Axis (5CP)

SILVERLAKE AXIS LIMITED 

Observation from chart:- 

Silverlake Axis (5CP) forming "U" pattern. 

Will it breakout $0.335 resistance level? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

 Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.335 level.  

Subsequent resistance @ $0.35 level.

Immediate support @ $0.285 level. 

Subsequent support @ $0.27 level. 

Let's watch closely for opportunity.