Monday, October 19, 2020

Technical Analysis Oct 2020: ChinaKundaTech (SGX: GU5)

China Kunda Technology Holdings Ltd 

Observation from chart:- 

ChinaKundaTech (SGX: GU5) forming "U" pattern? 

Will it retest $0.0.041 resistance level? 

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

Immediate resistance @ $0.041 level. 
If breakout $0.041, higher high is confirm. May have another wave of uptrend. 

Immediate support @ $0.032 level. 
Subsequent support @ $0.030 level. 

Let's watch closely Disclaimer


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