Tuesday, June 8, 2021

Technical Analysis June 2021: Jiutian Chemical (SGX: C8R)



JIUTIAN CHEMICAL GROUP LIMITED 

Observation from chart:- 

Jiutian Chemical (SGX: C8R) forming triangle pattern. 

Will it breakout resistance or support level? 

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

Immediate resistance @ $0.10 level. 
Subsequent resistance @ triangle resistance line.

Immediate support @ triangle support line. 
Subsequent support @ $0.08 level. 

Let's watch closely Disclaimer

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