SCOMNET Hourly Chart Analysis on 12 July 2020

SCOMNET 1 Hour Chart::heart:
7/12/2020
Support : 1.13~1.16 , 1.30
Resistance : 1.38, 1.56

SCOMNET formed a huge gap that directly broke both resistance line and the previous gap was tried to be filled.
Momentum kept swinging around positive/negative side within consolidation region around 1.20~1.30.
1.38 is current main observation point as this level is the lower bound of previous huge gap.

You can send a private message or leave a comment if you are interested with the indicators shown.
SCOMNET