Scientex broke out from its 3-week bullish rectangle pattern with a long white candle yesterday, which likely indicates the return
of buying interest. As the 20-day and 50-day EMAs have established their bullish crossover since late January, the upward
momentum may persist in the near term. A bullish bias may emerge above the RM3.63 level, with a stop-loss set at RM3.42,
below the 50-day EMA. Towards the upside, the near-term resistance level is seen at RM4.00, followed by RM4.20.

Entry : RM3.63–3.70

Target : RM4.00, RM4.20

Exit : RM3.42

Source: AmInvest Research - 22 Feb 2023