SCIB 250521
Sarawak Consolidated Industries Bhd
rebounded for a second straight day on Tuesday as sentiment turned bullish on the stock.Overhead, the stock is looking at an immediate resistance of RM1.57.
For the time-being, gains on the stock could be limited by the descending 21- and 50-day SMA. As such, the stock is expected to consolidate as it awaits stronger buying interest.
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