Observation from chart:-
VICOM (SGX:WJP) forming descending triangle pattern.
Will it breakout resistance & go higher?
Other indicator:- (weekly chart)
MACD moving toward negative region, downtrend sign.
Stochastic %K trigger SELL call.
Immediate resistance @ triangle level
Subsequent resistance @ $2.24 level.
Immediate support @ triangle level.
Subsequent support @ $1.67 level.
Let's watch closely Disclaimer
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