Kenanga Research & Investment
Highlights / Stock Picks of the Day - Scicom (MSC) Berhad (SCICOM) – Not Rated
SCICOM’s share price moved up 11 sen (10.19%) yesterday, with huge surge in trading volume. All three SMAs have been trending upwards since early 2014. Key indicators such as the MACD has crossed over the signal line while RSI and Stochastics are insinuating the bullish trend as both are hooking upward, entering overbought territory. Should buying momentum follow through, we expect share price rally to RM1.29 (R1) level, and consecutively RM1.39 (R2).
Source: Kenanga
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CS Tan
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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....
