RHB Retail Research
Trading Stocks -JAG
JAG’s sharp multi-month retracement phase has likely reached an interim low with the completion of its bottom building process recently. A positive bias may appear above MYR0.16 with resistance points pegged at MYR0.19 and MYR0.205. A downside breach of MYR0.16 would nullify this positive thesis.
Source: RHB Securities Research - 16 Nov 2020
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