AmInvest Research Reports

Stocks on Radar - Jaya Tiasa Holdings (4383)

AmInvest
Publish date: Fri, 14 Jan 2022, 09:22 AM
AmInvest
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Jaya Tiasa Holdings consolidated and touched the RM0.665 resistance level. With its 21-day moving average pointing upward, coupled with a higher high candle stick pattern, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.70, followed by RM0.72. The downside support is marked at RM0.63. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.665

Target: RM0.70, RM0.72 (time frame: 2-4 weeks)

Exit: RM0.63
 

Source: AmInvest Research - 14 Jan 2022

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Be the first to like this. Showing 2 of 2 comments

calvintaneng

Aminvest really no brain

Jtiasa exit 63 sen?

Definitely not

if got 63 sen and below we load up even more as insider boss just bought at 65 sen to 65.5 sen

2022-01-14 09:36

calvintaneng

And do not take profit for small gain as jtiasa will rise above Rm1.00 target

2022-01-14 09:37

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