1. Buy on support and sell on resistance 2. Ready if breakout on resistance
1. Waiting to buy on support and target on resistance 2. Prepare if breakout on resistance
My long term view for this counter. Not intended to buy just because of almost solid body marubozu candle yesterday and trendline breakout. It is because price is in the middle of buy and sell zone. It can go up or down. 1. Going up tomorrow following momentum until max seller zone 2. Retrace until 50% level before going up. 3. Going down again until decision...
Corporate Name : JAKS RESOURCES BERHAD Symbol & Code : JAKS (4723) Board : MAIN Shariah : Shariah Compliant Compliant Sector : Construction Sub-Sector : Construction SUPPORT DI 0.85
NEXT RESISTANT AFTER PULL BACK FOR A WHILE... SELEPAS GAP TUTUP HARGA AKAN BERUNDUR SEKETIKA DAN SELEPAS ITU MEMBUAT PECUTAN KE RINTANGAN SETERUSNYA.
Touched on the resistance at 0.93, highly likely going to fill the gap where the resistance is 1.025 in approximately 1 weeks time
Buy on dip, after the sell down volume reduce drastically. Need buy and hold. After take profit and re-enter again, and take profit 2nd time. After that wait until Nov2020 for re-enter again. (Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
JAKS - 10/05/2020 JAKS still remains in an uptrend as the price and the MACD line stand above the uptrend line and the zero line respectively. However, the price increased with lower volume, the sideways movement of RSi shows that the momentum is likely to be slower down. There is a previous gap to be closed, if the price is able to close the gap and break...
Jaks Resources Bhd is an investment holding company with six main segments - Manufacturing segment comprises mainly manufacturing of pipes; - Trading segment comprises trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry; - Construction segment...
-JAKS trapped between EMA50 & EMA200 +10 days Price consolidation within continuous chart pattern. +Another volume buildup today and managed to stay above EMA20 and EMA50. +ATOM squeezing with 3rd breakout attempt. +FiFT +ve Plan: Further buy when breakout above 1.08 SL below 0.96
12 April Advance 26% since BoD appears on 1st April. Resisted by EMA200 and EMA50 Price close at same level as Shooting Star closing price at 0.956. Hence, Shooting star reversal is not yet confirm. FiFT indicator still +ve. Price breaks below 0.965 may turned FiFT into RED and further retracement may occur. Take profit or Cut if breaks below 0.956 Next...
Currently trading at RBS level of 0.85 and is a first pullback after the breakout above 200ema. Breaking above 0.92 will confirm the continuation of the trend. Support: 0.77 Resistance: 0.92 , 1.10
JAKS found support around 0.66 Potential Resistance 0.985-1.00 + Accumulation happen around that area with volume spike. = ATOM is back into Neutral territory and MACD turned bullish. + FiFT Buy on Dip signal appears above 0.79 on 1st April with strong BULL force (80Mil volume). - Hit high 0.92 (+16%) but resisted by EMA20 and formed Bearish Piercing candle on...