SCGM

Sector: Industrial products/ Packaging materials

Analyzed on 25/09/2021

While all eyes are on semiconductor companies reaching or near to new high this week, SCGM has quietly found support at its EMA 25/50 and rebounded on Friday. The market seems to be regaining some positive sentiment and SCGM has climbed back to challenge its resistance level/ zone. SCGM’s mid-term uptrend is still intact as higher lows have formed and EMAs are trending upwards.

Reason to monitor: Challenging resistance

--------------------------------------------------------

Follow our FB and telegram channel for more investing and trading analysis. Share it out to your friends and family!

 TELEGRAM ：https://t.me/nottinvest

 FB PAGE ：https://fb.com/NottInvest
--------------------------------------------------------

Cheers
NOTT INVEST 

Disclaimer: 

This content by NOTT INVEST, is in no way a solicitation or offer to buy or sell securities or investment advisory services. 

Readers should always seek the advice of an appropriately qualified professional and perform due diligence before making any investment decisions. 

We shall not be liable for any errors or inaccuracies, regardless of cause.