Scales (SCL.NZX

28 January 2022


Scales (SCL:NZX)

Technical charting analysis: Scales shares have pulled back recently breaking past the $5.25 support level. With the stock appearing to be oversold at the moment, we believe there is now an attractive entry opportunity, as in the past Scales shares have managed to rebound well after being oversold as seen earlier and on the fundamental side we see upside potential over the medium term.

Technical charting analysis: Scales shares have pulled back recently breaking past the $5.25 support level. With the stock appearing to be oversold at the moment, we believe there is now an attractive entry opportunity, as in the past Scales shares have

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