Wednesday, November 18, 2020

Technical Analysis Nov 2020: DPHARMA (BURSA: 7148)



DUOPHARMA BIOTECH BERHAD

Observation from Chart:- 

DPHARMA (7148) forming ascending triangle pattern.

Will it breakout RM4.35 resistance level? 

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

Immediate support @ ascending triangle line. 
Subsequent support @ RM3.75 level. 

Immediate resistance @ triangle resistance line. 
If succeed breakout, higher high is confirm. Potential another wave of uptrend.

Let's watch closely Disclaimer

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