Technical Analysis May 2021: Mapletree Ind Tr (SGX: ME8U)

Mapletree Industrial Trust (SGX: ME8U) 

Observation from Chart: 

Mapletree Industrial Trust (SGX: ME8U) forming ascending triangle pattern. 

Will it retest $3.36 resistance level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ triangle support level. 

Subsequent support @ $2.50 level.

Immediate resistance @ $3.00 level. 

Subsequent resistance @ $3.36 level. 

Let's watch closely Disclaimer

Technical Analysis Sept 2020: Mapletree Ind Tr (SGX: ME8U)

Mapletree Ind Tr (SGX: ME8U) 

Observation from chart:- 

Mapletree Ind Tr (SGX: ME8U) forming higher high & higher low.

Will it retest uptrend resistance line? 

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K at BUY call itinerary. 

Immediate resistance @ uptrend resistance line. 

Subsequent resistance @ $4.00 level. 

Immediate support @ $3.15 level. 

Subsequent support @ $3.00 level. 

Let's watch closely Disclaimer