sudallis

SUPERCOMNET , will it go further?

Long
sudallis Updated   
MYX:SCOMNET   SUPERCOMNET TECHNOLOGIES BHD
As for the price crossing up MA20, it indicate short term bullish.

Yes, it looks promising. But, we can see zoning (23 bid up) that need to be close first. There is probability that the price go further once the price has enough momentum to cross that zone.

On the other hand, there's sign of several attempt to break 0.88sen. If the price unable to close above the said value, there will a probability that the price discounted nearly MA20.

Who know?

Overall, in a long term. I may say that this stock still uptrend.

Thank you
Trade active:
Overall still in uptrend in a long run

First attempt was done to through the zoning. Still expecting for second attempt.

The 2020’s Malaysia Budget on empowering 5G facilities might give positive impact on this stock.

All the best
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