• JCY rose 6.1% or 1.5 sen to RM0.26 yesterday.
• Share price has bottomed out and is staging a rebound crossing the key 200-day moving average line on bullish technical indicators. It is on the verge of a breakout potentially heading to RM0.30 level and beyond.
• Resistance levels are identified at RM0.275 (R1) and RM0.310 (R2)
• On the downside, support levels are expected at RM0.220 (S1) and RM0.185 (S2).
Source: Rakuten Research - 29 Apr 2020
Chart | Stock Name | Last | Change | Volume |
---|
Created by rakutentrade | Aug 23, 2024