NazrinAzmir

SCIB stock time to shine

Long
MYX:SCIB   SARAWAK CONSOLIDATED IND BHD
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 profit taking. The Mansfield RSI show that the price is trading at positive area (above 0) indicate that a buying interest already on mood. We optimist based on the Fibo the price will continue rising area 0.715 - 0.810.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.