RHB Retail Research
Trading Stocks - SCGM
SCGM has been able to hold above the MYR2.05 support level in recent sessions. An upside breach of the MYR2.14 resistance would likely signal the possibility of a further rebound occurring, with resistance levels pegged at MYR2.26 and MYR2.35. A stop-loss can be placed below MYR2.09.
Source: RHB Securities Research - 20 Jul 2020
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