Observation from chart:-
VICOM (SGX:WJP) forming triangle pattern.
Will it breakout resistance or support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call.
Immediate resistance @ triangle level
If breakout, higher high is confirm & potential start another wave uptrend
Subsequent resistance @ $2.25 level.
Immediate support @ triangle level.
Subsequent support @ $2.07 level.
Do watch out upcoming dividend $0.0622 per unit which ex date on 5 May 2021.
Let's watch closely Disclaimer
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