Sunday, October 11, 2015

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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