Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 26 Sep 2018, 09:44 AM

 

Technical Buy: SCICOM (0099)

Author:   |    Publish date:


  • Target Price: RM1.83, RM1.93
  • Last closing price: RM1.73
  • Potential return: 5.7%, 11.5%
  • Support: RM1.67
  • Stop Loss: RM1.59

Possible for some upside. Recovering from pullback, SCICOM is poised for further upside should immediate resistance level of RM1.76 be genuinely broken. Bullish RSI and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term to lift price higher to the subsequent resistance levels of RM1.83 and RM1.93.

However, failure to hold onto support level of RM1.67 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 13 Feb 2018

Share this
Labels: SCICOM

Related Stocks

Chart Stock Name Last Change Volume 
SCICOM 1.83 +0.02 (1.10%) 9,400 

  Be the first to like this.
 


 

282  223  559  1139 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VS-WA 0.345+0.06 
 SAPNRG 0.435-0.005 
 HIBISCS 1.21+0.03 
 REACH-WA 0.1150.00 
 EAH 0.020.00 
 VS 1.69+0.07 
 QES 0.35+0.01 
 TNLOGIS-WC 0.045+0.005 
 REACH 0.45+0.015 
 HSI-H4O 0.41-0.035 
Partners & Brokers