Rakuten Trade Research Reports
Technical View - Supercomnet Technologies Bhd
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Publish date: Mon, 08 Nov 2021, 12:12 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
Supercomnet Technologies Bhd (SCOMNET, 0001)
• Share price closed 3.95% higher at RM1.84 on Friday.
• SCOMNET broke out from its symmetrical triangle with higher volume and closed above all its moving averages.
• Backed by upticks in its RSI indicator, the share price is poised to move higher.
• Resistance levels are identified at RM1.91 (R1) and RM2.08 (R2).
• On the flipside, support levels are pegged at RM1.81 (S1) and RM1.75 (S2).
Source: Rakuten Research - 8 Nov 2021
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