JHM

Sector: Technology

JHM has gone through a series of correction from RM2.600 region due to the correction in global tech companies. JHM seems to have found the bottom around RM1.600 region with a double bottom pattern, and followed by a higher low and higher high pattern last week. Strong closing was seen on Friday which saw JHM broke through from the descending trendline.

JHM is currently trading at RM1.830, with immediate support at RM1.740 and immediate support at EM1.880. Should JHM sustain above RM1.740, it will eventually challenge the resistance at RM1.880 in the near future.

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