Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 20 Sep 2019, 9:04 AM

 

Stocks on Radar - JAKS Resources (4723)

Author:   |    Publish date:


JAKS Resources shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM0.825. If this happens, its short-term target price will be RM0.865 followed by RM0.89. Support price is anticipated at RM0.775, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.825

Target: RM0.865, RM0.89 (time frame: 3-6 weeks)

Exit: RM0.775

Source: AmInvest Research - 22 Aug 2019

Share this
Labels: JAKS

Related Stocks

Chart Stock Name Last Change Volume 
JAKS 0.73 -0.005 (0.68%) 4,664,700 

  Be the first to like this.
 


 

404  268  551  764 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ARMADA 0.33-0.015 
 SAPNRG 0.290.00 
 MNC-PA 0.0350.00 
 PWORTH 0.055+0.01 
 YTLPOWR 0.735+0.005 
 KNM 0.41-0.005 
 VSOLAR 0.09+0.005 
 ECOWLD 0.665+0.02 
 GPACKET-WB 0.270.00 
 VELESTO 0.315+0.01 
Partners & Brokers