Friday, February 19, 2021

Technical Analysis Feb 2021: VICOM (SGX:WJP)

VICOM Limited 

Observation from chart:- 

VICOM (SGX:WJP) forming triangle pattern. 

Will it breakout resistance or support level?

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

Immediate resistance @ triangle level 
If breakout, higher high is confirm & potential start another wave uptrend 
Subsequent resistance @ $2.30 level. 

Immediate support @ triangle level. 
Subsequent support @ $2.14 level. 

Let's watch closely Disclaimer 

0 comments:

Post a Comment