ShareWorldConsulting

{SWC} Jaks, Reversal of Trend?

Long
MYX:JAKS   JAKS RESOURCES BERHAD
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Strategy: Price-Volume Analysis

Bias: Bullish. After experiencing of steep decline due to bad market sentiment secondary to bad global market sentiment and politic instability, today Jaks has made a come back with a big green bar, after hitting the low of 1.19. If the momentum able to sustain, SWC believes there will be a positive price movement in near term.

Resistance: 1.34, 1.36
Support: 1.26, 1.22, 1.18

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Comment:
Target price 1 hit . Trade closed.
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