Monday, April 19, 2021

Technical Analysis Apr 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 neutral region, sideway trend sign. 
Stochastic %K on SELL call itinerary. 

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. 

Note: upcoming dividend $0.0622 per unit which ex date on 5 May 2021. 

Let's watch closely Disclaimer

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