Technical Analysis May 2021: The Place Holdings (SGX : E27)

The Place Holdings Ltd (SGX : E27) 

Observation from Chart: 

The Place Holdings (SGX : E27) forming descending triangle pattern.

Will it retest triangle resistance level? 

Other indicator:- 

MACD moving trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ MA20 level. 

Subsequent support @ $0.11 level. 

Immediate resistance @ triangle resistance level. 

Subsequent resistance @ $0.175 level.

Let's watch closely Disclaimer

Technical Analysis Apr 2021: The Place Holdings (SGX : E27)

The Place Holdings Ltd (SGX : E27) 

Observation from Chart: 

The Place Holdings (SGX : E27) rebound @ $0.112 support level. 

Will it retest $0.175 resistance level? 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary.

Immediate support @ MA20 level. 

Subsequent support @ $0.112 level. 

Immediate resistance @ $0.175 level.

If able breakout, higher high is confirm. Another wave of uptrend. 

Let's watch closely Disclaimer