Saturday, October 24, 2020

Technical Analysis Oct 2020: Jiutian Chemical (SGX: C8R)



JIUTIAN CHEMICAL GROUP LIMITED

Observation from chart:- 

Jiutian Chemical (SGX: C8R) hit $0.09 high & pull back. 

Will consolidate sideway? Or retrace down? 

Other indicator:- 
MACD trade @ positive region, uptrend sign.  
Stochastic %K trigger SELL, pending confirmation. 

Immediate resistance @ $0.09 level. 
If able breakout, higher high is confirm. 

Immediate support @ $0.074 level. 
Subsequent support @ $0.061 level. 

Let's watch closely Disclaimer

0 comments:

Post a Comment