Nott Invest
JFTECH - Technical Analysis
Nott_Invest
Publish date: Mon, 21 Jun 2021, 11:51 AM
JFTECH
Sector: Technology
Strong closing was identified on Friday which saw the share price broke its previous resistance at RM1.360. JFTECH is currently trading at RM1.400, with immediate support at RM1.360 and immediate resistance at RM1.440. Double bottom pattern followed by a higher low and higher high pattern was formed last week, which indicate the sign of reversal for JFTECH. It is also worth mentioning that EMA25 and EMA50 have begun to move upward, and EMA25 crossing above EMA50, which further confirm the reversal for JFTECH. We believe that JFTECH will begin another uptrend rally should the price continue to stay above RM1.360.
Reason to monitor: Technical Breakout
Follow our FB and telegram channel for more investing and trading analysis. Share it out to your friends and families!
TELEGRAM ：https://t.me/nottinvest
FB PAGE ：https://www.facebook.com/NottInvest
Disclaimer:
This content by NOTT INVEST, is in no way a solicitation or offer to buy or sell securities or investment advisory services.
Readers should always seek the advice of an appropriately qualified professional and perform due diligence before making any investment decisions.
We shall not be liable for any errors or inaccuracies, regardless of cause.
More articles on Nott Invest
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
save malaysia!
2
4
5
Stock Market Enthusiast
6
save malaysia!
7
Good Articles to Share
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
