Tuesday, February 23, 2021

Technical Analysis Feb 2021: Thomson Medical (SGX: A50)



Thomson Medical Group Ltd 

Observation from chart:- 

Thomson Medical (SGX: A50) forming dogi sign. 

Will it retrace down to support level? 

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

Immediate resistance @ $0.116 level
If breakout, higher high is confirm & potential another wave uptrend 

Immediate support @ FIBO 78.6% level. 
Subsequent support @ FIBO 61.8% level. 

Let's watch closely Disclaimer

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