Chart pattern formation and classical support on Scomi
Tags: Corporate, Database, Economic, investors, market prices, Market Review, Share Holder
With its 20-day moving average turning down and current price action below the 20 and 50-day moving averages, the current trend for Scomi requires much attention. Chart pattern formation suggests that a potential head and shoulders top is in place for Scomi. This is supported by a bearish divergence seen in the MACD coupled with [...]







