Rakuten Trade Research Reports

Technical View - Kumpulan Jetson Berhad

Publish date: Wed, 27 Jul 2022, 10:06 AM
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Kumpulan Jetson Berhad (JETSON, 9083)

• Share price closed 6% higher at RM0.265 on Tuesday.

• JETSON broke out from its resistance of RM0.26 and formed a white marubozu candlestick. It is also currently trading above all the key moving average lines. As the indicators are showing uptick movements, share price is expected to move higher.

• Resistance levels are identified at RM0.305 (R1) and RM0.315 (R2).

• On the flipside, support levels are pegged at RM0.21 (S1) and RM0.185 (S2).

Source: Rakuten Research - 27 Jul 2022

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