SCIB (Sarawak Consolidated Industries Berhad) Sector : Industrial Products & Services Market : Main On 8 May 2023, the price manage to breakout the 200-Days MA. This indicate the stock moving toward a positive long term uptrend. Supported with huge volume 93M. Currently the volume still highest, we assume next week(19-23 May) will occur some pullback or...
SCIB possible yet to be waiting to find its “base” on demand Zone at around Rm0.10 after price breaking previous demand zone..
SCIB ( Sarawak Consolidated IND BHD ) stock price "Look" like forming a running flat pattern abc (Green).. Where wave c (Green) may reach at around RM0.10 which is at :- 1) Lower Channel Support Line (Cyan) 2)Next Major Demand Zone
MYX:SCIB Introduction There are 3 self-baked indicator, and 4 ema lines. Basically the 4 ema lines is to help us to confirm a buying place and trend analysis. The 3 indicators were back-tested for over 400 charts and not based on any traditional indicators such as rsi, macd. The first self-baked indicator is the buy-sell labeled indicator, which showing a...
Weekly - Oversold Daily - Oversold and double bottom spotted. 30 min - to 2nd test Ichi cloud. Support - 1.680
As per my last post, looks like today is the day to start rebound. Looks like need to wait until weekly fully oversold. Better late than never... haha
SCIB just released an awesome QR report with its highest net profit rm30++m. Looking at the chart the price already breaks down trendline and the price may start to rebound upside. (Just for research & learning)
SCIB Rst: 2.86 Spp: 2.30 Same like its sister company Kpower, it remains firmly bullish but with the emergence of another buying climax today, there’s tendency the momentum to have arrived its peak now. Coming resistance at 2.86
SCIB Rst: 3.61 Spp: 3.50 Consolidation on the run, the positive energy from widening Bollinger Band yet to dissipate. But likely to see further retracement to Fibo Ext 50% before things can get solidify for next move.
#SCIB Rst: 3.50 Spp: 3.38/ 3.24 As usual Fibo Ext 50% is forging strong hurdle for a stock before it can rally further. Believe the effect of widening BB yet to fully price in.