Moving Averages crossover suggesting JHM has the potential to form an upwards trend. However, do expect minor retracement along the way as there are areas of resistance to overcome since the mid-February sell down.
Prediction: Uptrend (Price closed above Redline) Rally continuation with strong support above Bull-bear divider. Target Price: R1=2.08-2.10, R2=2.22-2.28, R3=2.38-2.42 Support/Cut Loss: S1=1.80-1.77 Signals: *Candle has turned from Red to Blue color on 18-Jun, an indication of a trend reversal. *Price crossed above the Bull-Bear Divider (Redline) & turn the...
FOR STUDY AND RESEARCH ONLY. JHM NEWS : latest news... collaboration with jiangsu dekai auto part. expected to launch at the end of 2022. old news... newly acquired batu kawan expected to commence operation on 2022. jv with mass precision jv with Skywooo Manufacturing earning: annualy decreasing yoy. Q12021 quater earning beat...
JHM has been down trending for awhile. Will we see a new uptrend in the nearest time?
Based on TA, JHM currently close at support, which is good and will have 2 possibilities 1. Green Line - JHM will directly rebound at previous peak or current Support 2. Purple Line - JHM will continue downward and making reversal at next support Most probably, JHM will follow the Purple line, because of MACD still showing strong bearish momentum without sign of...
Seems like the stairway to heaven just show up. Steep yet clear sign of support. Might be on hell of a ride none the less its direction is to heaven?
Uptrend, Bullish and Strong Bull Restrace and bounce from Fibo 0.382 and EMA20 Seems forming Resistance Turned Support at 2.3 ATOM in expand mode and BUY Signal Triggered FIFT Spike (Bull is Strong) MCDX Spke. Banker Volume Increase to 83% Retailer Volume down to 0% Banker Turned Strong Plan Further Buy. Move SL to below 2.3 Next Target 2.8, 3 Hold until ATOM sell.
In H4, we observed a sharp uptrend testing resistance 2.73 (+6%) with good volume. All indicators are showing good momentum to continue on next few candles. Taking account of previous uptrend waves, we believe the Higher High will complete anytime soon to form a potential pullback to test area of value around 2.35. This is required to build a strong support to...
JHM Starting on Wave 1 possible, will analyse from time to time