AmInvest Research Reports

Stock on Radar - KJTS Group

AmInvest
Publish date: Fri, 15 Mar 2024, 11:15 AM
AmInvest
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KJTS Group may trend higher after it surged to a new all-time high and closed above the RM0.63 resistance albeit marginally yesterday. With the bullish harami pattern coming off the 20-day EMA, upward momentum is likely picking up. A bullish bias may emerge above the RM0.63 level, with a stop-loss set at RM0.55, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM0.70, followed by RM0.75.

Entry : RM0.63–0.64

Target : RM0.70, RM0.75

Exit : RM0.55

Source: AmInvest Research - 15 Mar 2024

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