
Stock: TECH
Company: Cirtech Holdings Philippines Corp.
Support: 7.50 / 6.50
Resistance: 8.45 / 9.50
Trading within an inclined price channel above EMA200.
Maintaining its level above EMA200 would be vital to keep its strong price action.
- Formation of bullish pattern
- Bullish MACD crossover
Recommendation
With MACD crossover and if momentum punches through the RSI70, TECH might be able to exhibit a strong rally forming a bullish rounding bottom pattern. If so, this might be an opportunity to buy.