JHM almost reach strong support and a potential area to buy
Today JHM closed at RM0.75 with large volume. Moreover, indicators shows a rebound from oversold region.
Price successfully breakout downtrend line with volume. TAYOR.
The price still below the 200 MA indicating in a long-term downtrend. Entry to catch the beginning of a new trend. Entry 0.875 SL 0.795 (9.14)% TP 1.030 18.29% This is not a financial advice. TAYOR.
Technical analysis for JHM Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Good company with solid fundamentals. New market in Europe for aerospace will reduce the dependability to auto segment New JV with Mass Precision Inc will give huge upside to JHM Securing new contracts with Volvo and North American Lighting (biggest supplier of auto lighting systems) will bring secured revenue to JHM New venture into 5G JHM Invested...
We can see a clear buying pressure at the bottom areas. Buyer start to join the games. Let plan on it
price testing trend line support with buying interest. im watching for trading opportunity.
My expectation if price drop below 1.92 it will continue DT. For reversal it must BO above 2.02 (white line). #TAYOR MYX:JHM
Jhm trading at sideline within 1 year rebound signal on current price with volume at 61.8 fibo Oppoturnity rebound at new support towards resistance 2.45
This stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price. This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum. The share price may move up or down from this point. Note also that momentum generally only persists for...
JHM 14/8/2021 A long pinned bar fake bear trap below the Support level taking out the stoplosses by contra/ short term players. A pull back is always good for investors but does not signal that it will make a V-shape Reversal immediately, a sideway consolidation above 2.100 will be good. Might need to wait for quarter report for further rally.
Just purely base on Fib only. Target at Wave 3 like in the Chart The Company's segments include Electronic products and Investment holding. The Company's Electronic products segment is engaged in the manufacturing and assembling of components related to high brightness light emitting diode (HB LED), direct current (DC) micromotor components, pitch connector pins,...
JHM - Continue the uptrend and stays above the resistance line after the last post I mentioned for JHM to monitor.
Support range at 2.18, good to sustain above this.