Ahmad101

JAKS: Wyckoff Method

Long
MYX:JAKS   JAKS RESOURCES BERHAD
ACCUMULATION PHASE.

price have completed a SPRING in phaseC following by second test and also broke a CREEK vwap at 0.475.
current support at 0.470 .

im watching for trading opportunity.

JAKS – Renewable energy to take the lead.
-JAKS is a medium scale contractor with involvement in the property sector and has diversified recently into power-related sectors that will provide long-term sustainable income for more than 20 years.
-Establishing its footprint in the renewable energy sector through the 2 MoU signed with Qhazanah Sabah and T&T Group in Vietnam to improve long-term earnings visibility through solar, hydro and gas-fired power solutions.
-Tapping into the revival of the construction sector in the upcoming Budget 2022, which expects the rollout of mega infrastructure projects.

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