Friday, October 2, 2020

Technical Analysis Oct 2020: UG Healthcare (SGX: 8K7)



UG Healthcare Corp Ltd 

Observation from chart:- 

UG Healthcare (8K7) succeed breakout $0.88 resistance level.

Will it retest next resistance?

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

Immediate resistance @ $1.15 level 
If able breakout, higher high is confirm. Uptrend will resume.

Immediate support @ MA20 level. 
Subsequent support @ $0.70 level. 

Let's watch closely Disclaimer

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