After being bashed down for 9 months since June 2009, Scomi managed to see some “light at the end of a dark tunnel”.  The stock is showing signs of a potential upside recovery as it has started to display a series of higher highs and higher lows. In addition, the MACD trend indicator continues to trend upwards above its centerline which reinforces the presence of a potential bullish trend. However with a bearish crossover signal seen in the Stochastic oscillator at the 80% overbought region, Scomi may face the risk of short-term retracement towards the immediate support zone at RM0.475-RM0.45 before resuming its upside trek. A break above the immediate resistance at RM0.555 may propel the stock towards the next target at RM0.645. On the downside, failure to hold above RM0.45 may see a further correction to test the next support at RM0.405.