JHM gained 6.0sen (+4.0%) to close at RM1.56 yesterday.
Chart-wise the stock has been trading above all the key SMAs since Dec 2019, breaking above the “Flag” continuation chart pattern yesterday.
Besides, a bullish signal from its MACD indicator further supports the positive sentiment.
Should the stock continue to head north, key resistance levels are seen at RM1.66 (R1) and RM1.70 (R2).
Conversely, key support levels can be seen at RM1.40 (S1) and RM1.36 (S2).
RSAWIT (Not Rated)
RSAWIT gained 6.5sen (+22.81%) to end at RM0.350 yesterday.
Chart-wise, the stock has been trading above all the key SMAs since Nov 2019. Yesterday, it has formed a long bullish candlestick on the back of higher-than-average trading volume.
Besides, a bullish signal from its MACD indicator further supports the uptrend.
From here on, key resistance levels can be found at RM0.440 (R1) and RM0.460 (R2).
Conversely, downside supports can be identified at RM0.260 (S1) and RM0.230 (S2).
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5905 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....