For the past one month you can see the volume and momentum. Sikit sikit night. Who do you think dares to accumulate? Memang ada lui…has not up more than 10% for a long time. Slow and steady. Tq to the management. We small timer will continue support!!! Orang yg cakap macam2 menyesal.Looking forward….!!! Panas!!!
Adui… biar nak cakap apa. Ada yg kata 28 sen, ada ya kata company kosong.All those who talked like gurus semua dah untung tapiiii tak beli.Pls do your own research!!! The money is yours and so is mine!!! No one is forcing us to buy or sell. Tq JSB.
Truly impressive global powerhouse partner as the technology partner. With revenues of over Euro4.2 Billion and over 20,000 employees, this is a serious player in the hydro industry. JSB to fly all the wayyyyy......
Willsmith why worry, german not worry. This kind of project mostly will be finance by bonds, just like highway etc. This is an opportunity to be part of early investor for multi billion co and prominent RE player in this region.
There are few Investment Bank write up on this co, I believe more will cover this stock. You can pick it up and read it. I said earlier, seldom there are wrong, it will hit target definitely, it just too many noises in stock market especially early this year.
Research done on Jentayu Sustainables Berhad ("JSB") 24.11.2022
Looking at the price action, JSB closed above the resistance level 0.715 (Fibonacci 100%) yesterday.
This would mean the price action could trend higher, provided it stays above the previous resistance cum new support at 0.715. If it successfully stays above this level, it will be considered as a price breakout and a likely continuation to the next level of Fibonacci resistance at 0.89 or at least to the previous high of 0.84 (November 2021) before seeing some selling pressure.
At this level (0.84 - 0.89) there could be some selling activity as the current market should participants decide to take profit.
Although the above could happen, there is a possibility that the price could break through the resistance levels as the RSI above 70 point upwards therefore indicating that the buying momentum is very strong.
A continuation of such strong buying momentum will push the price higher.
The MACD, shows that the trend is going up as the positive divergence between the MACD and SIGNAL line is getting bigger. This means that the buying activity is stronger compared to selling.
Looking at the Monthly STOCHASTIC RSI, it is showing a continuation of bullish trend since June of 2022 when the price break above 0.40 and currently is still going strong as the price hovers above the 70 sen
In summary, the current price movement is very positive and if it manages to stay above the current immediate support of 0.715, there's a possibility of the price continue moving upward to its long-term target of 1.12 at the Fibonacci golden ratio of 1.618
The above reading is true only on the date it is done.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....