RHB Retail Research
Trading Stocks - JAG
JAG is poised to extend its uptrend after breaking above the MYR0.35 immediate resistance level recently – forming a “higher high and higher low” pattern. With the positive momentum gaining traction, expect the stock to scale higher towards the next resistance of MYR0.40, followed by MYR0.43. On the flip side, if the stock falls below the MYR0.33 support, this expectation will be voided.
Source: RHB Securities Research - 30 Jul 2021
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