SCICOM

Sector: Industrial Products & Services

Analysed on 09/01/2022

After hitting year high, SCICOM retraced and move in sideway since May 2021. SCICOM is traded at RM 1.15 on last Friday with immediate resistance and support at RM1.18 and RM1.13 respectively. There is no clear indication yet on the price movement. Investors may monitor for resistance breakout. SCICOM may potentially challenge its next resistance at RM 1.27 once it manages to break its immediate resistance at RM 1.18.

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