RHB Retail Research
Trading Stocks - JAG Bhd
JAG has been trading above the resistance-turned-support level of MYR0.07 over the recent sessions. Additionally, the 21- day SMA line is curving upwards, which is a positive observation. A positive bias may emerge above MYR0.07, with resistance points eyed at MYR0.085, followed by MYR0.095. A stop-loss can be set below MYR0.07.
Source: RHB Securities Research - 12 Aug 2020
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