Highlights

Kenanga Research & Investment

Author: kiasutrader   |   Latest post: Thu, 28 May 2020, 9:14 AM

 

Daily Technical Highlights – (JAKS, CARIMIN)

Author:   |    Publish date:


JAKS (Not Rated)

  • JAKS rose 9.5 sen (+12.03%) to close at RM0.885 yesterday.
  • Yesterday’s bullish candlestick has prompted the stock to break above its 20-day SMA, on the back of stronger-than-average trading volumes.
  • Coupled with a bullish crossover signal from MACD indicator, we believe there may be more room for upside.
  • From here on, overhead resistance can be seen at RM1.00 (R1) and RM1.15 (R2).
  • Conversely, downside supports can be identified at RM0.730 (S1) and RM0.660 (S2).

CARIMIN (Not Rated)

  • CARIMIN gained 16.0 sen (+30.48%) to finish at RM0.685 yesterday.
  • Chart-wise, the stock has begun trending upwards since mid-March, which see it closing above its 20-day SMA.
  • Coupled with bullish signal from MACD indicator and upticks from momentum indicators, the stock may be poised for more upside.
  • Should bullish momentum persist, resistance level is at RM0.890 (S1) and RM1.00 (S2).
  • Conversely, support levels can be identified at RM0.470 (R1) and RM0.335 (R2).

Source: Kenanga Research - 3 Apr 2020

Share this
Labels: CARIMIN, JAKS

Related Stocks

Chart Stock Name Last Change Volume 
CARIMIN 0.68 -0.025 (3.55%) 3,344,000 
JAKS 0.875 0.00 (0.00%) 17,460,900 

  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
 
 

247  548  486  899 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 LAMBO 0.025+0.005 
 KGROUP 0.075-0.01 
 SANICHI 0.095+0.005 
 EDUSPEC 0.0250.00 
 GDEX 0.37-0.075 
 DGB 0.0250.00 
 XOX 0.0650.00 
 COMFORT 3.17+0.09 
 ARMADA 0.215-0.015 
 MYEG 1.39+0.09 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program

TOP ARTICLES

1. WOW !!! THIS CO HAS STARTED SELLING THEIR OWN BRAND SANITIZERS IN JOHOR AREA !!! Bursa Master
2. Comfort: what you should do? Koon Yew Yin Koon Yew Yin's Blog
3. 再谈手套股4大天王 - SUPERMX业绩出炉后的最新变化! - 陈剑 Good Articles to Share
4. Jaks Resources Berhad- Rights Issue To Raise Up To RM160.9m PublicInvest Research
5. Mplus Market Pulse - 27 May 2020 M+ Online Research Articles
6. JERASIA - Current Stock Price discounted 85% from NTA RM1.89 ( Penny Theme in Bursa like TEKSENG, TECFAST, GDEX & many more ) 2020 Top Picks for Bursa Malaysia
7. DON'T MISS!! THE VERY INTERESTING STORY OF NYLEX AS IT UNFOLD IN YEARS 2014 TO 2017, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
8. DPS (7198) - Potentially could be one of the unknown COVID-19 and Mega projects beneficiary !!! Grand Mustah Trading Journey
Partners & Brokers