Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 28 Oct 2020, 9:54 AM

 

Stocks on Radar - JHM Consolidation (0127)

Author:   |    Publish date:


JHM Consolidation surged past the RM1.44 resistance price in its latest session with higher trading volume. With the momentum indicator RSI above 70%, the short-term momentum could reach a target price of RM1.52, followed by RM1.60. If it dips below RM1.44, it will continue to move sideways and consolidate. The support price is anticipated at RM1.35 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM1.44

Target: RM1.52, RM1.60 (time frame: 3-6 weeks)

Exit: RM1.35

Source: AmInvest Research - 19 Nov 2019

Share this
Labels: JHM

Related Stocks

Chart Stock Name Last Change Volume 
JHM 1.86 -0.05 (2.62%) 2,116,300 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

292  614  562  681 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.095+0.005 
 JAKS-OR 0.260.00 
 LCTITAN 2.13-0.27 
 SUPERMX-C1I 0.145-0.01 
 LUSTER 0.165-0.005 
 MAHSING 0.96-0.04 
 HWGB 0.78+0.065 
 DGSB 0.225+0.01 
 DATAPRP 0.195-0.025 
 KSTAR 0.43+0.06 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS