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...
MALAYSIA Stocks: Jaycorp has completed the cup & handle formation with a potential to go higher. Current price may be corrective in nature. Expect further bull move towards the minimum target of RM1.25 with stop loss just below the low of the handle.
