Thursday, September 24, 2020

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

Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) succeed breakout descending triangle pattern. 

When will it break the resistance or support? 

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

Immediate resistance @ $0.435 level.
Subsequent resistance @ $0.58 level. 

Immediate support @ $0.32 level. 
Subsequent support @ $0.275 level. 

Let's watch closely Disclaimer

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