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Resistance is futile.
 
Malaysia

Scomi
 

Scomi had a pendant chart formation. It broke to the upside with high volume. Using the flag pole as a projection for potential profit target, Scomi may have an upside potential to RM1.00. However it must overcome the strong resistances at RM0.80 and RM0.95 first. Any pull-back in price should likely be supported by its classic support level at RM0.61 with a stronger technical support at RM0.55.

 
 
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