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Saturday, May 4, 2019

Memtech Intl

Nice reversal chart patterns, looks bullish!
After going ex.dividend on 2nd May, it has managed to close 1 cents higher at 1.07 looks positive.


RSI is still rising up nicely and price is staying above its SMA lines looks like it may continue to trend higher!

I think short term wise, it my likely cross-over 1.07 smoothly and head higher towards 1.10 then 1.14 with extension to 1.18 level.

Not a call to buy or sell.

Pls dyodd.



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