Monday, November 2, 2020

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

JIUTIAN CHEMICAL GROUP LIMITED 

Observation from chart:- 

Jiutian Chemical (SGX: C8R) consolidate between $0.086 & $0.078 range.

How long will it consolidate? 

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

Immediate resistance @ $0.086 level. 
If able breakout, higher high is confirm. 

Immediate support @ $0.078 level. 
Subsequent support @ $0.067 level. 

Let's watch closely Disclaimer 

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