RHB Retail Research
Trading Stocks - JAKS Resources
JAKS Resources attempted to break away from its 2-week sideways trading pattern, but was still capped by the MYR0.655 resistance point. An upside breach of this threshold could see the stock swinging towards MYR0.70, followed by MYR0.725. This expectation would be nullified, if the MYR0.62 support is breached.
Source: RHB Securities Research - 30 Nov 2020
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