Then on the way to sub wave 3 to complete W5 . This is my prediction only.
WTF Now in Correction W4, and sub wave 4 to 5 in C. Supercomnet Technologies Berhad is based in Sungai Petani, previously named Supercomal Wires and Cables Sdn Bhd. 3 Main Businesses:- 1. STB (Supercomnet Technologies Berhad)- Customers a. APTIV-US and British car assemble companies, there is an IPO in new york. b. PERMINTEX FURUKAWA-Local company in Kedah. Auto...
Beside the VCP low cheat pattern i shared earlier (link below), SCOMNET also match another pattern called DOUBLE BOTTOM. A: Beginning of the base B: Bottom of the first leg C: Middle of the W (important area) D: Bottom of second leg E: Top of handle (important area) F: Bottom of handle Price/Volume action looking real good! Not sure if a rally will come soon...
Recently market is bad and not much stocks showing setup. SCOMNET is one of the least that showing a nice setup. 7% tight area for 10 weeks. Overall price and volume actions are nice! Waiting strong demand and breakout. MYEG still setting up as well. Kindly refer to MYEG link for my pervious sharing. Disclaimer: Not a buy call recommendation, just technical...
puliing back. did no break resistance chance to buy on dip. monitor for low risk entry. good performance in bad market
Technical analysis for SCOMNET Stock based on Trend Analysis, Chart Pattern and VPA 1) In Monthly TF - Overall trend still maintaining the long term UTL with highest VAP 0.120 as strong support. - Current price candle trend had retracement and rebound at Fibo 0.50 area implies indecision occur-supply and demand try to overcome each other. Current price candle...
price currently on retest after breakout. im watching for trading opportunity.
My expectation it will continue DT as long as not BO from parallel channel. Still can get profit if use ABCD to measure the support & resistance in channel. #TAYOR MYX:SCOMNET
Technology sector.Strong fundamental background.Institutional support.Technically,forming low cheat setup.Look for upward breakout of pivot point with high volume to confirm setup.
$SCOMNET - Break the downtrend line . with higher volume compare with Average DNV. If can maintain above downtrend line support, may look for buying opportunities. SL 1 - Downtrend line support SL 2 - RBS SL 3 - Major Support line
analyzed based on various tools lol, you guys check yourself
For long term and my prediction it will go to W5 in 4 Months. Just my 2 cents only
1. Weekly in strong uptrend, EMA 10>EMA30>EMA200. 2. Downtrendline broke at H4 and forming Wave 2 with reversal at 0.382 Fibo level. Price action above EMA 200. 3. Reversal candlestick can be seen at H1 (bullish engulfing). 4. Bursamarketplace rating 7 (Mom 10) CTP RM2.4, isaham 10.1, i3 ATP 2.43. 5. From TRS Screener (D10).
Price back to demand zone Formation of morning star candle Make your own judgement
Waiting for breakout #momentum #Volume For sharing & education purpose only, not a buy or sell call. Thanks
Although surge up from the bottom and gained about 25cent, seem like is rest time now at this level. Hopefully, it could stand for longer time and while waiting better sentimental in the whole bursa. Resistance 1.94, TP 2.14 then 2.40, SL 1.75..... RRR not attractive >_< The idea is my own view and for educational and sharing purposes, not buy nor sell call.