Rakuten Trade Research Reports
Technical View- JHM Consolidation Bhd
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Publish date: Wed, 06 Jan 2021, 08:58 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
JHM Consolidation Bhd (0127)
• JHM ended 1.0% or 2 sen higher to RM1.93 yesterday.
• Share price rebounded from a low of RM1.73 recently with positive signals from key technical indicators. This indicates emergence of buying momentum and is likely to see extended upturn possibly towards the RM2.00 level.
• As such, resistance levels are identified at RM2.00 (R1) and RM2.27 (R2) level.
• On the downside, support levels are seen at RM1.88 (S1) and RM1.75 (S2).
Source: Rakuten Research - 6 Jan 2021
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