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Friday, July 5, 2019

G Invacom

Friday we had witnessed the nice breaking out moment at 10.7 cents and close well at 11 cents, coupled with high volume this is rather bullish!


Short term wise, it may move up to retest 12 cents then 13 cents with extension to 14 cents.

Pls dyodd.

4th July 2019
TA wise, looks bullish!
It has managed to bounce-off from the low of 3.2 cents and rises higher to touch 10.7 cents, looks rather positive.


The current price of 9.9 cents is staying above its SMA lines plus MACD is rising up nicely likely to continue to trend higher.

Short term wise, I think it may likely re-attempt the recent high of 10.7 cents.
Breaking out with ease + good volume that may drive the price higher towards 12 then 13 cents with extension to 14 cents.

Do exercise with extra cautious as this is a ultra penny counter!

Not a call to buy or sell.

Pls dyodd.




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