Technical Analysis Oct 2015: SCOMI (7158)
SCOMI GROUP BERHAD
Observation from Chart:-
SCOMI retest RM0.21 resistance level.
How about this round, will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger SELL call, pending confirmation.
Immediate resistance @ RM0.21 level
Subsequent resistance @ RM0.22 level
If retrace down or consolidate side way, immediate support @ ascending triangle level.
Let watch closely...
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