Rakuten Trade Research Reports
Technical View - Supercomnet Technologies Bhd (SCOMNET, 0001)
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Publish date: Fri, 26 Jul 2019, 09:30 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/
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Supercomnet Technologies Bhd (0001)
- SCOMNET gained 6.25% or 4.5 sen to RM0.765 yesterday.
- Following recent pull back of the share price, SCOMNET closed with a white candle yesterday signalling positive movements. Meanwhile key momentum indicator RSI is also showing stronger buying interest ahead, we expect share price rebound momentum to continue.
- From here, resistance levels are expected at RM0.785 (R1) and further to RM0.895 (R2).
- On the contrary, support levels are found at RM0.655 (S1) and RM0.625 (S2).
Source: Rakuten Research - 26 Jul 2019
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