Rakuten Trade Research Reports
Technical View- SCOMNET (0001)
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Publish date: Fri, 18 Dec 2020, 05:32 PM
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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
SCOMNET (0001)
• SCOMNET rose 3 sen to RM1.94 yesterday.
• Technically speaking, share price has been in consolidation mode after hitting a low of RM1.75, retracing from recent high of RM2.37. Recent price movements indicate possible further rebound ahead from current levels.
• From here, resistance levels are seen at RM1.96 (R1) and RM2.05 (R2) level.
• Conversely, support levels are set at RM1.80 (S1) and RM1.75 (S2)
Source: Rakuten Research - 22 Dec 2020
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