SCICOM trade ideas
SCICOM: DIVIDEND + CAPITAL GAIN OPPORTUNITY?- Assuming Uptrend WAVE 2 on-going
- Assume that 2(i), currently having triangle consolidation on 2(ii)
- Volume profile showing accumulation around the triangle too
- Target estimation based on 0.618 of Main WAVE 1 and 2.618 of current 2(i) wave
Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR
<TradeVSA> Shakeout Completed in SCICOM Sign of Strength in the chart:
1. Shakeout in Daily Chart
2. NS Signal with Green Pentagon in Weekly Chart
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SCICOM CUP&HANDLE: PENDING SLOW TURTLE BUY ON BREAKOUT MYX:SCICOM
Trend: Uptrend EMA 20 Cross Up EMA 50
Chart Pattern: Cup and Handle
FiFT +VE
MCDX+ Banker 70%
Atom above the river potential rally
Fundamental Analysis
Scicom BPO provides digital enhanced support solutions that businesses need to meet and exceed expectation. The Co Business Process Outsourcing (BPO)’s suite of services including integrated solutions in Customer Lifecycle Management, Digital/ E-Commerce Solutions and EGovernment (Gov-Tech) Solutions.
FA Valuation
Revenue : Previous few quarter got slightly increase ✅
EV/EBITDA 6.65 ✅
ROA 18% ✅
ROE 21 % ✅
DIVIDEND YIELD 4.3% ✅
{SWC}——SCICOM, able to maintain the momentum?Thank you for your continued support :)
Strategy: Bollinger Band Strategy
Bias: Bullish. Scicom share price rebounded from Bollinger Lower Band. In addition, based on candlestick pattern, it showed bullish engulfing formation.
According to Bollinger Bands Strategy, when a stock price hitting the BB low band, it will potentially raise back to Bollinger Mid Band. When momentum continues, it will challenge the Upper Band.
Thus, the immediate resistance is the mid band which representing 20MA, RM1.20.
SWC expects a positive movement in near term. Kindly take nota that, a small resistance (RM1.25) will be faced before looking for a higher resistance zone of RM1.28.
Resistance, RM1.20, RM1.28
Support: RM1.12
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<TradeVSA> Damn...What a Profitable Pattern !1. Willowglen
2. Dayang
3. Mega First
4. Scicom
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
What is the high volume mean to you? AirAsia XReason to monitor:
1. High volume with 18LC
2. 2 narrow bars with lower volume after 18LC indicate lesser sellers
3. Accumulation with lots of Sign of Strength
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Who have the best setup? Destini, Bermaz Auto & E.A.Tech3 Stock Review based on Volume Spread Analysis.
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock