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jasontkj

SCOMNET 2/8/2020

SUPERCOMNET TECHNOLOGIES BHD (MYX:SCOMNET)  
jasontkj Updated   
MYX:SCOMNET   SUPERCOMNET TECHNOLOGIES BHD
Trend Analysis Technical Indicators scomnet bursamalaysia malaysia
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trendanalysis indicator scomnet bursamalaysia malaysia
Healthy upward trending counter. It has been consistently undergoing minor flag breakouts along the uptrend line. Would be good for short term trade if it can break above the immediate resistance 1.620 level.

EP: 1.625
TP: 1.785
CL: 1.550
Comment:
it has broken out above the crucial 1.62 resistance line and almost immediately re-tested the line as a support . If it does not break below this support, it should be good to keep. Lets see if it will go further.
Comment:
EXCELLENT breakout, as predicted earlier. Now the then-resistance has turned into support.
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