Well understood how do you guys feel when management team disappoint us. By the way. today 14 cents price rejected, and technical rebound seen at 14.5 and 15 cents. Would this be first candle of reversal? let us see.

no matter how much the collection at 15 cents, 20 million? 50 million? the price will never up. Rubbish stock

this stock is looser. No matter how high other construction stock fly up, this jaks will forever stuck at seabottom. Nothing interesting

81 million unit acquired yesterday, while 7.6mill of it acquired at lower than current price (0.815). It means that 91% those who bought yesterday currently at loss / paper loss. Meanwhile as of now 41mill units disposed. What a very unhealthy trading activity. RSS want to supress until when? 0.795 again?

Ekovest already up a lot and overbought. this slow JAKS never move up

Up so much already, those who ride today really willing to burn money huhu

I think so , let the earlier passanger TP at 19.5cents first then only jerk up to 20c above. buy volume today dominated by 19.5c and warrant 4.5c . So think wisely if you wanna dispose lower than this :)

@Mikecyc, someone made sellcall at 18.5 cent? while at RSI oversold some more. LOL what a joke. He should have learnt better in investing.

why so chaos in here?this is KLCI maa, no need so much headache argue on fundamental. Entered 180 now 195 already, make money also right? If you scared still, go for warrant as still not moving. easy money maa.

As i said, this stock really useless. Once dropped much will forever be like no floor. Just CL and move on guys, a lot other better stock

very powerful. unlike Jaks, not even move

Guys how do we chase out rr88 from any forum. hahaha his envyness is ultimate. he talk dirty in ALL counters. So pity his life is not healthy.

rr88, i3licker talk dirty in all stocks forum. Its ok to be poor, but not envy others who made money :)

No more bad news, it should be up at least to reach IPO price.
SCIB also going up tremendously since few days ago. Tq to those panic who keep throwing until 15 cents. I got your tickets :)

aiyaaaa. very fast one up. hehe. Go go go.
Unfortunately I exit early, nevermind la as long greeeen.
Hopefully laggard Leform will follow up also

pls break 350 so other related stocks will follow.

ini operator mmg betul2 dont want the price up fast. Last friday, block at 16 now 16.5

Regaining rising momentum, JAKS Resources is expected to rise

Tue, Jan 16, 2024

Broker: Public Investment Bank Research
Investment Recommendation: Technical Buy
Closing price: 18.50 sen (as of January 16)
Support level: 19 sen
Resistance level: 21 sen, 22.5 sen
Stop loss point: 17 sen

Today’s Stock Picks｜Regaining rising momentum, JAKS Resources is expected to rise

JAKS Resources (JAKS, 4723, Main Board Construction) stock price is regaining upward momentum and is expected to move higher in the near term, ushering in a technical rebound.

The stock price gradually fell from a high of 23.5 cents at the end of September 2023, and continued to hover between 18 and 18.5 cents from mid-December to the end of December. Then it gradually recovered and closed at 19.5 cents on Monday (15th).

The technical chart shows that the Strength Index (RSI) is at 56 points and has not yet reached the overbought state; the Moving Average Convergence and Divergence indicator (MACD) is moving towards a positive zone above its signal line, releasing a bullish signal.

The stock is expected to break through the first resistance level of 21 sen (7.6% upside) and then move towards the second resistance level of 22.5 sen (15.3% upside). However, if the stock falls below the support level of 19 sen, it is recommended to start placing stop losses at 17 sen.

In terms of performance, JAKS Resources achieved a net profit of RM7.15 million in the third quarter of fiscal year 2023, and a cumulative net profit of RM40.34 million in the first three quarters.

Yes I think so , force sell day after 3 days completed.
Btw, past two days, heavy volume in 0.16 - 0.18, and I see from TA, 0.18-0.21 gap should be closed anytime but unsure soon or later. To me, at current price is very good deal already to collect, oversold some more.

No worries,most of ppl bought much higher price than you from Nov 22 and now stochastic extremely oversold. so die die just hold

margin call and contra player just forced to sell.

thanks scib. easy money within one hour :)

still have downside. prev low is 0.115

only contra player can spoil the price further (force selling). Else, price is stable around current price and likely got technical rebound soon

Dont touch this kind of stock. Instead, focus on stoch oversold seabottom stock only that have not woken up yet

price heading to lowest ever. same like ECA. Welcome to bursa Malaysia..

0.535 still very high profit for those collected below 0.170 since mid 2022.

Another lesson for those who like to catch high.

No need to acah2 hero la buy high while operator keep throwing at low. Just CL and move on.

a lot other seabottom like reneuco nobody want, instead this speculative manipulative at sky high, a lot chaser and end up burnt.

0.835 is still very high price. only FOMO willing to chase

Room for downside still a lot. Those bought 15-25 cents still can enjoy more than 200% profit at current price.
Nobody forced you to enter at sky high (while a lot other seabottom stocks around), so every trader should be willing to bear consequences.

if LD 0.190, mostly all investor in loss. phew

OMG gaisssssss, break! :)))))

big block guys 8.5cents . let us watch broken or not

warrant 7.5 cents, mother 8 cents? whaaatt?

Seabottom stock if you want to enjoy huge profit later, just dont know when

This time, mother is laggard, son 6 cent, mother should at least almost double

@anisbin Alhamdulillah :) power of holding

some of us already made 100% profit. pehh no pullback at all

wow wow break 0.60,.. flyyyy... next to fly I predict JAKS

dormant still. once explode, will shoot up. Be ready all

Powerful.

Haha Medusa, whatever you wanna say, we made $ already. Scam/syndicate or not, as long we know when to enter and when to cabut still made profit what.
Your hatred does not cause any loss to us kikikiki.

looks like building strong support at 0.065 and 0.03 (wa). slowly accumulate and up is better, more stable.

Medusa :

Minetech got abang jo

Itronic got c2pid silentbodo

Do your math

Kikiki…
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where is medusa? run and hide under cave? kikiki

look at buying style now, it may shoot up all of sudden at anytime but I have no idea until what price. Patience is really paid now Hehehe

It was sky high, no one forced you to still enter yesterday.

OMG. Mayday mayday

@Medusa your mulut longkang must be came from your stingy dirty heart.

Better silent then nothing good to say. :)