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Davidklse

Today Stock Pick - 20-11-19 Jaycorp

Long
JAYCORP BHD (MYX:JAYCORP)  
Davidklse  
MYX:JAYCORP   JAYCORP BHD
Trend Analysis Technical Indicators klsemarket klsestocks klsetrading bursamalaysia bursamalaysiaresearch bursasaham
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trendanalysis indicator klsemarket klsestocks klsetrading bursamalaysia bursamalaysiaresearch bursasaham
Jaycorp may soon test the RM1.15 resistance level. With a rising RSI, a bullish bias may be present above this mark with shortterm target price of RM1.20 and RM1.25. It may continue moving sideways if it fails to cross RM1.15 in the near term. The downside support is then anticipated at RM1.10, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy upon breakout above RM1.15

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