Rakuten Trade Research Reports
Technical View - Supercomnet Technologies Bhd (SCOMNET, 0001)
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Publish date: Thu, 18 Apr 2019, 09:47 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Supercomnet Technologies Bhd (0001)
- SCOMNET gained 4.3% or 3.5 sen to close at RM0.835 yesterday.
- SCOMNET broke through its resistance level at RM0.830 yesterday with higher-thanaverage volume traded. The technical outlook remains bullish with the price closing above the key moving averages.
- Should the buying momentum persist, we expect the price to test its immediate resistance levels at RM0.84 (R1) and further to RM0.85 (R2).
- On the flipside, support levels are expected at RM0.75 (S1) and RM0.72 (S2).
Source: Rakuten Research - 18 Apr 2019
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