JAKS seem like forming a bullish triangle..BUT there is possibility that the triangle is still "half-baked"? .. Maybe the Completed Power Plant in Vietnam will "take some time' to have "Good Revenue" for company?
Weakness: no banker Businesses getting good
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the stock price comes to...
MYX:JAKS CUP AND HANDLE FAST TURTLE BUY FiFT BOD STAR WEAKNESS DOWNTREND MCDX+ BANKER LESS THANN 5%
Very strong support at around 615~625 region and RSI is still heavily oversold even after strong technical rebound on last Friday. Need another bullish candle for short term trend reversal confirmation to upside which is high possibility. Overall on downtrend pattern since 30 March. Resistance to break at 695 and 745. Disclaimer: Trade at your own risk.
On a nice uptrend movement since end of October. Can consider entries near the trendline support. Disclaimer: Trade at your own risk.
MYX:JAKS Pending for Fast Turtle Buy
Last candle is doji on up trend EP only 0.760 and above R/TP: 0.810 (Just for research & learning)
Technical Analysis Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks. 1. Draw Support & Resistance 2. Identify the stages (Accumulation, Advancing, Distribution, Declining) 3. Entry Triggers 4. Stop Loss 5. Exits I have learnt during my past mistakes that we should let the...
First I always look at the chart first, identify which market structure we are in? Personally, I look at Jaks now currently breaking below EMA 20, while hovering around EMA 70, if broken it will head to around MYR 0.56 Support area. Myr 0.56 Support area for Jaks will be a lower downside risks investment. Currently not suitable for entry while we continue to...
Bullish candle with strong volume. Daily candle close above many days, take profit at the resistance (blue line). TAYOR.