SCGM

Sector : Industrial products

SCGM share price was seen to be forming higher highs and higher lows after its EMA25/50 golden cross. EMA25 and EMA50 are the universal support EMAs for short term trading and SCGM’s price action can be seen to be following the support levels. This is a sign of bullish trend. With its Q4 report around the corner, let’s see if SCGM will continue its uptrend to challenge its previous range of RM3+.

Reason to monitor: Announcing Quarter 4 performance.

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