Scientx's chart shows a clear breakout from a triangle on 12th Nov. The price is currently retesting the previous high (RM3.70).
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
Scientx formed a descending triangle after breakout breakout from the bullish flag. And now, it breaks the descending triangle. Scientx is ready to continue its uptrend.
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
Bull flag pattern usually happens when the stock is in a strong uptrend. Scientx has break the trendline on 18.10.2021. Hence, uptrend most likely will resume after this breakout.
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
Sector : Industrial product.Fundamentally strong background company.Technically,forming tight symetrical triangle with tight price movement and contracted volume.Look for upward breakout of triangle with high volume to confirm.
VCP setup on a very strong fundamental company.Support by big institution.Currently price consolidate at the All Time High resistant.Weekly MACD also has been crossing up.Likely to make a breakout soon.
Sign of Strength in the chart:
1. Re-accumulation
2. Several effort bars with Green Pentagon
3. Pocket Pivot
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SUPPORT 1--> 3,99
SUPPORT 2--> 3.985
SUPPORT 3 --> 3.910
SUPPORT 4--> 3.810
RESISTANCE 1--> 4.12
RESISTANCE 2--> 4.23
MELIHAT KEPADA MARKET STRUCTURE YANG LEBIH BESAR, SCIENTEX DALAM TREND SIDEWAY. UNTUK MINGGU INI,MENUNGGU UNTUK REBOUND.
FA SANGAT BAGUS.
MYX:SCIENTX
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
MYX:SCIENTX
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
![SCIENTX: SCIENTEX - UPDATE [25 November 2020] Buy On Resistant Zone Break](https://s3.tradingview.com/4/4A75Nopt_mid.png "SCIENTEX - UPDATE [25 November 2020] Buy On Resistant Zone Break")
![SCIENTX: SCIENTX [22 October 2020] Buy On Resistant Zone Break Out](https://s3.tradingview.com/p/pXSfoMay_mid.png "SCIENTX [22 October 2020] Buy On Resistant Zone Break Out")