Friday, March 19, 2021

Technical Analysis Mar 2021: Riverstone (SGX: AP4)



Riverstone Holdings Ltd 

Observation From Chart:- 

Riverstone (SGX: AP4) forming descending triangle pattern.

Will it retest $1.06 strong support level? 

Other indicator:- 
MACD trading at negative region, downtrend sign. 
Stochastic %K on SELL call itinerary. 

Immediate resistance@ downtrend resistance level. 
Subsequent resistance @ $1.42 level. 

Immediate support @ $1.06 level. 
Subsequent support @ $1.00 level. 

Let's watch closely Disclaimer

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