Saturday, October 31, 2020

Technical Analysis Oct 2020: Adventus (SGX : 5EF)



Adventus Holdings Ltd (SGX : 5EF) 

Observation from chart:- 

Adventus (SGX : 5EF) is forming descending triangle pattern. 

Will it breakout resistance level ? 

Other indicator:- 
MACD trade @ negative region, downtrend sign.  
Stochastic %K trigger BUY call, pending confirmation. 

Immediate resistance @ triangle level. 
Subsequent resistance @ $0.02 level. 

Immediate support @ $0.01 level. 
Subsequent support @ $0.008 level. 

Let's watch closely Disclaimer

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