Tuesday, June 8, 2021

Technical Analysis June 2021: CFM (SGX: 5EB)



CFM Holdings Ltd 

Observation from Chart: 

CFM (SGX: 5EB) overbought & sideway consolidate.

Will it forming triangle pattern? 

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

Immediate support @ $0.20 level. 
Subsequent support @ triangle support line. 

Immediate resistance @ triangle resistance level 
Subsequent resistance @ $0.25 level.

 Let's watch closely Disclaimer

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