Scientex is set to climb further after going through a technical breakout above the immediate resistance of MYR3.99 yesterday on strong trading volume. Tracking the rising 21-day SMA line, the stock is likely trend upwards in the upcoming sessions and head towards the MYR4.18 resistance, followed by MYR4.30. On the flip side, a drop below the MYR3.85 support would indicate a potential downtrend, beneath the SMA line.
Source: RHB Securities Research - 17 Jan 2024
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SCIENTXCreated by rhbinvest | Jul 01, 2024
Created by rhbinvest | Jun 28, 2024