KJTS Group Berhad
Overall, the stock appears to be in an uptrend but is currently in a consolidation phase. Traders might watch for a breakout above recent highs or a breakdown below support levels for potential entry or exit points.
- Trend: The stock shows an overall uptrend since February, with higher lows and higher highs.
- Price Action: There's significant volatility, with large price swings and several gap-up and gap-down movements.
- Support and Resistance:
Current support level appears to be around 0.700 MYR
Recent resistance level is at about 0.835 MYR (the recent high) - Moving Averages: Two moving averages are visible:
The shorter-term MA (likely 20-day) in blue is above the longer-term MA (possibly 50-day) in green, indicating bullish momentum.
Price is currently above both MAs, which is typically bullish. - Volume: Volume spikes are visible during major price movements, particularly in February and June.
- Recent Performance: The stock recently touched a high around 0.835 MYR before pulling back. It's currently consolidating near the 0.730 MYR level.
- Patterns: There are several noticeable bullish and bearish candles, including potential hammer and shooting star formations.
- Indicators: Without additional indicators overlaid, it's limited what can be inferred beyond price and volume action.
Overall, the stock appears to be in an uptrend but is currently in a consolidation phase. Traders might watch for a breakout above recent highs or a breakdown below support levels for potential entry or exit points.
➀➁➂➃➄
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
➀➁➂➃➄
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.