AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 14 Oct 2019, 10:26 AM


Stocks on Radar - JAKS Resources (4723)

Author:   |    Publish date:

JAKS Resources surged past the resistance price of RM0.785 in its latest session with higher trading volume. With the momentum indicator RSI above 60%, the short-term momentum could reach a target price of RM0.865, followed by RM0.905. If it dips below RM0.785, it will continue to move sideways and consolidate. The support price is anticipated at RM0.735 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.785

Target: RM0.865, RM0.905 (time frame: 3-6 weeks)

Exit: RM0.735

Source: AmInvest Research - 9 Oct 2019

Share this
Labels: JAKS

Related Stocks

Chart Stock Name Last Change Volume 
JAKS 0.935 0.00 (0.00%) 8,698,100 

  Be the first to like this.
Moore Any suggestion to learn trading, like courses or the academy?
09/10/2019 7:01 PM


261  294  543  1193 

Top 10 Active Counters
 NETX 0.020.00 
 GPACKET-WB 0.31+0.015 
 ARMADA 0.415+0.03 
 SAPNRG 0.270.00 
 HSI-C7F 0.325-0.01 
 ANZO 0.0250.00 
 AME 1.47+0.17 
 OPCOM 0.835+0.06 
 HSI-H8B 0.24+0.005 
 PERDANA 0.365+0.025 
Partners & Brokers