RHB Retail Research
Trading Stocks - JAG Berhad
JAG has been consolidating over the past three sessions below the MYR0.235 resistance following its prior sharp rebound. An upside breach of the MYR0.235 threshold would mark an end to the consolidation phase – the stock may swing towards the next resistance levels of MYR0.25 and MYR0.265. A downside breach of MYR0.225 would negate this positive expectation.
Source: RHB Securities Research - 18 Jan 2021
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