MYX:JAKS SWING: 2 DAYS TO 2 WEEKS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
JAKS Berjaya menutup gap pertama, mengumpul momentum untuk menutup gap 2, Retrace sebelum bullish engulfing (BUKAN BUYCALL) (TAYOR)
This company's stock price has been trading on the sideways for quite some time. Looking like a bearish bat formation on weekly time frame. when zooming into hourly timeframe, a buy opportunity on breakout of bullish flag pattern with stop loss below the lower border of the flag. Should present a risk reward ratio more than 1:1 TAYOR
1. Buy on support and sell on resistance 2. Ready if breakout on resistance
1. Waiting to buy on support and target on resistance 2. Prepare if breakout on resistance
My long term view for this counter. Not intended to buy just because of almost solid body marubozu candle yesterday and trendline breakout. It is because price is in the middle of buy and sell zone. It can go up or down. 1. Going up tomorrow following momentum until max seller zone 2. Retrace until 50% level before going up. 3. Going down again until decision...
Corporate Name : JAKS RESOURCES BERHAD Symbol & Code : JAKS (4723) Board : MAIN Shariah : Shariah Compliant Compliant Sector : Construction Sub-Sector : Construction SUPPORT DI 0.85
NEXT RESISTANT AFTER PULL BACK FOR A WHILE... SELEPAS GAP TUTUP HARGA AKAN BERUNDUR SEKETIKA DAN SELEPAS ITU MEMBUAT PECUTAN KE RINTANGAN SETERUSNYA.
Touched on the resistance at 0.93, highly likely going to fill the gap where the resistance is 1.025 in approximately 1 weeks time
Buy on dip, after the sell down volume reduce drastically. Need buy and hold. After take profit and re-enter again, and take profit 2nd time. After that wait until Nov2020 for re-enter again. (Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
JAKS - 10/05/2020 JAKS still remains in an uptrend as the price and the MACD line stand above the uptrend line and the zero line respectively. However, the price increased with lower volume, the sideways movement of RSi shows that the momentum is likely to be slower down. There is a previous gap to be closed, if the price is able to close the gap and break...