Technical analysis for SCOMNET Stock based on Trend Analysis, Chart Pattern and VPA
1) In Monthly TF
- Overall trend still maintaining the long term UTL with highest VAP 0.120 as strong support.
- Current price candle trend had retracement and rebound at Fibo 0.50 area implies indecision occur-supply and demand try to overcome each other. Current price candle...
Potentially Super Growth in 2021- SCOMNET
SCOMNET(0001) will most likely break out from the interim resistance for RM2.16 to retest its previous high of RM2.38. With RM2.00 as support, the Reward to Risk Ratio is about 4 times
MYX:SCOMNET price has been growing about 500% since March 2020.
It is a technology based company, providing supplies in medical products.
The trend line is very consistent as a result of increase of demand in medical supplies.
June:
www.theedgemarkets.com
"Supercomnet’s main customers comprise New York Stock Exchange-listed Edwards Lifesciences Corp and...
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
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
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
scomnet 19/6/2020 are we seeing a similar flag pattern correction here? support at 1.160 , monitor this area for potential rebound and breaking above the flag pattern again
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