Needless to say, everyone knows that SCOMI is heavily involve in the Oil & Gas sector. Even though the sector has been going down in these couple weeks due to the weaken crude oil price, but most of it’s contracts have been locked in previously. The crude price should not be significantly affecting it’s profit, [...]

Looking at the chart, SP Setia is possible to have a range bound within the “flag”. That means the fluctuation could reduce and eventually it could either breaks up or down. This will be a small risk trade as the support level is increasing and the trading range is reducing. Put your risk @ RM2.95. [...]