(Disclaimer: This is not a buy or sell call. Stock watch only serves as updates on selected stocks)
Technically, JAYCORP is trying to break the RM1.09 resistance for the 3
rd
time. Based on the chart, MACD has returned and stayed above positive
region with RSI slightly above overbought region. Following the opening
of Bollinger band, 20MA has also just crossed 200MA.
Readers
are advised to monitor JAYCORP price movement these few days. Potential
entry can be found between RM1.05~RM1.09 with immediate support at
RM0.995, 1st resistance at RM1.09 and 2nd resistance at RM1.14.
Technically, KERJAYA is trending upwards. Based on the chart, MACD is positive and about to cross with RSI at 50%.
Readers are advised to monitor KERJAYA price movement. Potential entry can be found between RM1.98~RM2.05. Support
can be found at RM1.98 with all-time high resistance at RM2.08. KERJAYA
price is likely to retrace and touch the up-trending line before moving
further upwards.
