SCGM shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM1.63. If this happens, its shortterm target price will be RM1.72 followed by RM1.80. If it fails to close above RM1.63, expect a sideway movement. Support is anticipated at RM1.53, whereby traders may exit on a breach to avoid the risk of a further correction.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....