kgiap123

JAKS attempting to break

kgiap123 Updated   
MYX:JAKS   JAKS RESOURCES BERHAD
-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




Comment:
-JAKS retest 1.08 but fail to break out
-forming double top in lower timeframe chart.
- Still trapped between EMA50 & EMA200
= ATOM back to neutral

Wait... and wait...
Comment:
Breakout.
Comment:
+4.7%
Strong breakout with volume. Break away from EMA200 and EMA50

ATOM Buy appear.
target 1.18, 1.3, 1.5
Comment:
+2.7%.
Almost hit 1.18 TP1
Continue to hold.

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