Saturday, August 22, 2020

Technical Analysis Aug 2020: UG Healthcare (SGX: 41A)

 


UG Healthcare Corp Ltd 

Observation from chart:- 

UG Healthcare (41A) forming higher high & higher low. 

Will it forming similar consolidation pattern? 

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

Immediate resistance @ $3.00 level 
Subsequent resistance @ $4.00 level.

Immediate support @ $2.50 level. 
Subsequent support @ $2.10 level. 

Let's watch closely.

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