JFTECH

Sector: Technology

Analysed on 25/07/21

After a few attempts to challenge the resistance at RM1.440, JFTECH has finally broke the resistance on Friday! JFTECH is currently trading at RM1.470, with immediate support at RM1.440 and immediate resistance at RM1.530.

Overall, JFTECH looks very strong with the formation of higher highs and higher lows pattern. Both EMA25 and EMA50 continue to trend upwards, which is also an indication of uptrend rally. Investor who wishes to invest in JFTECH can take the support of RM1.440 as reference for entry point.

Reason to Monitor: Technical Breakout / NASDAQ Reaching New High

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NOTT INVEST 

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