SCIB TIme Frame Weekly
Hai Traders
Interesting to note
Only suitable for long term
There is a pattern cup shape with a handle that is already completed
#thisonlyforpredectionstudy
#thisnotforbuycallorbuysell
#chartpattern
#TAYOR
#MFM.TRADER
SCIB (Sarawak Consolidated Industries Berhad)
Sector : Industrial Products & Services
Market : Main
On 8 May 2023, the price manage to breakout the 200-Days MA. This indicate the stock moving toward a positive long term uptrend. Supported with huge volume 93M.
Currently the volume still highest, we assume next week(19-23 May) will occur some pullback or...
SCIB ( Sarawak Consolidated IND BHD ) stock price "Look" like forming a running flat pattern abc (Green).. Where wave c (Green) may reach at around RM0.10 which is at :- 1) Lower Channel Support Line (Cyan) 2)Next Major Demand Zone
MYX:SCIB
Introduction
There are 3 self-baked indicator, and 4 ema lines.
Basically the 4 ema lines is to help us to confirm a buying place and trend analysis.
The 3 indicators were back-tested for over 400 charts and not based on any traditional indicators such as rsi, macd.
The first self-baked indicator is the buy-sell labeled indicator, which showing a...
SCIB just released an awesome QR report with its highest net profit rm30++m.
Looking at the chart the price already breaks down trendline and the price may start to rebound upside.
(Just for research & learning)
