Nott Invest
JHM - The Bull Run Continue
Nott_Invest
Publish date: Thu, 29 Jul 2021, 09:13 AM
Sector: Technology
Analysed on 28/07/21
JHM is on fire!
Despite the weak sentiment in Asia market this week, coupled with sign of retracement that have been shown in some of the Tech counters, JHM does not seem to be affected and continue its recent bull run to challenge immediate resistance of RM2.280.
We have been continuously sharing JHM news and covered JHM in our weekly technical analysis since end of June due its promising prospect that we believe will blossom in mid and long term. Based on our analysis, there is no valid buy point now as RSI is showing sign of overbought. For those who have followed us and collected low, enjoy your bull ride and let’s see if the resistance of RM2.280 can be broken this week.
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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.
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