Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 27 Nov 2020, 11:04 AM

 

Technical Buy - JFTECH (0146)

Author:   |    Publish date:


  • Target Price: RM1.56, RM1.47
  • Last closing price: RM1.64
  • Potential downside -4.8%. -10.3%

Upside may be capped. JFTECH’s share price is forming a rounding top along with bearish candlestick patterns, hence signifying potential halt in its prior uptrend. Weakening RSI and fast-paced MACD indicators currently signal an exit to sell into strength, anticipating performance in momentum and trend to remain weak in the near term. Should support level of RM1.56 be broken, it may continue to drive price lower to subsequent support level of RM1.47

Source: PublicInvest Research - 12 Mar 2020

Share this
Labels: JFTECH

Related Stocks

Chart Stock Name Last Change Volume 
JFTECH 4.40 +0.15 (3.53%) 2,671,700 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

529  557  546  538 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KANGER 0.185+0.005 
 AT 0.200.00 
 BINTAI 0.795+0.10 
 KGROUP 0.060.00 
 MTRONIC 0.115+0.005 
 ASIABIO-OR 0.015+0.005 
 IRIS 0.36+0.005 
 VIVOCOM 1.01+0.205 
 FINTEC 0.105+0.01 
 SOLUTN 1.27+0.15 

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