Wednesday 5 August 2015

Technical Stock To Watch on 6/8/2015 - CSCENIC (7202)

Technical Stock To Watch on 6/8/2015 - CSCENIC (7202)


CSCENIC (7202) made a broke-out from a sideway range between RM1.19-1.23 since 3/7/2015 today (5/8/2015) with high volume, we called it one good volume with one good bar. In addition, it also broke the downtrend line & MA50 line with Bollinger Band opened wider.


The breakout might due to the quarterly report should be good for Q2'2015, in which it will announce their earnings in around mid or end of month of Aug.

One can consider to buy at any price above RM1.23 on 6/8/2015 onwards.

Happy trading!


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