RHB Retail Research
Trading Stocks - JAG
Yesterday, JAG broke away from its narrow sideways consolidation phase, which was capped by the MYR0.195 resistance. This indicates that the rebound phase will likely be extended. A positive bias may appear above MYR0.195, with resistance points pegged at MYR0.24 and MYR0.28. A downside breach of MYR0.195 would nullify this positive bias.
Source: RHB Securities Research - 17 Nov 2020
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