Tuesday, October 27, 2020

Technical Analysis Oct 2020: Abundance Intl (SGX: 541)



ABUNDANCE INTERNATIONAL LTD 

Observation from chart:- 

Abundance Intl (SGX: 541) is forming "U" pattern? 

Will it retest $0.057 level ? 

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

Immediate resistance @ $0.057 level. 
If breakout, higher high is confirm. Potential another wave of uptrend. 

Immediate support @ $0.034 level. 
Subsequent support @ $0.025 level. 

Let's watch closely Disclaimer

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