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Daily Trading Stocks - JCY International Bhd

kiasutrader
Publish date: Wed, 19 Sep 2012, 09:18 AM



JCY's decline should continue after early September's heavy trading failed  to  stem  the  decline.  A  trader  can  liquidate  on  a  close  below RM0.95,  with  supports  expected  at  RM0.86  and  RM0.80.  A sustained close above RM1.00 could bring a rebound, but the stock will  only  gain  traction  on  a  close  above  RM1.07.  Resistance  is  at May's low of RM1.30.
Source: OSK
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