VCP SETUP SCIENTXUpdated posting.Had been posting this counter before,on august and september 2021.Currently just breakout the pivot point with high volume.
SCIENTX trade ideas
SCIENTX (follow up) BULLISH BREAKOUTScientx's chart shows a clear breakout from a triangle on 12th Nov. The price is currently retesting the previous high (RM3.70).
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
Price in uptrend and shows positive buying interestas long as price maintain above EMA50, suggest to hold position and buy averaging to minimize risk
SCIENTX BREAKOUTScientx formed a descending triangle after breakout breakout from the bullish flag. And now, it breaks the descending triangle. Scientx is ready to continue its uptrend.
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
SCIENTX BULLISH FLAG BREAKOUTBull flag pattern usually happens when the stock is in a strong uptrend. Scientx has break the trendline on 18.10.2021. Hence, uptrend most likely will resume after this breakout.
Disclaimer:
This is not a recommendation to buy or to sell securities. This sharing is for education purpose only. Trade at your own risk.
SYMETRICAL TRIANGLE SCIENTXSector : Industrial product.Fundamentally strong background company.Technically,forming tight symetrical triangle with tight price movement and contracted volume.Look for upward breakout of triangle with high volume to confirm.
VCP on SCIENTEXVCP setup on a very strong fundamental company.Support by big institution.Currently price consolidate at the All Time High resistant.Weekly MACD also has been crossing up.Likely to make a breakout soon.
<TradeVSA> Another Pocket Pivot in Scientex ?Sign of Strength in the chart:
1. Re-accumulation
2. Several effort bars with Green Pentagon
3. Pocket Pivot
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
SCIENTEX MENGUMPUL MOMENTUM UNTUK MENERUSKAN KENAIKAN!SUPPORT 1--> 3,99
SUPPORT 2--> 3.985
SUPPORT 3 --> 3.910
SUPPORT 4--> 3.810
RESISTANCE 1--> 4.12
RESISTANCE 2--> 4.23
MELIHAT KEPADA MARKET STRUCTURE YANG LEBIH BESAR, SCIENTEX DALAM TREND SIDEWAY. UNTUK MINGGU INI,MENUNGGU UNTUK REBOUND.
FA SANGAT BAGUS.
SCIENTEX - UPDATE [25 November 2020] Buy On Resistant Zone BreakMYX:SCIENTX
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
SCIENTX [22 October 2020] Buy On Resistant Zone Break OutMYX:SCIENTX
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
Technical Breakout: Scientex Berhad (4731)SCIENTX broke below its 5-month support (S1) at 8.75 and completed a head and shoulders pattern on 4th Mar 2019. The stock dropped 3.3% or 29 sen with 1.19mil shares in the following day. This reaction shows that the market is responding to the completion of the chart pattern.
A head and shoulders pattern is a classic chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. A head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. To learn more about this pattern you can click the following.
Based on technical analysis, this stock has a price target (T1) at 7.88.
MYX:4731
