JAKS trade ideas
JAKS VCP SETUPJAKS 69 days VCP Setup looks good. The contraction and the volume development are healthy.
C1: ~16%
C2: ~8%
C3: ~6%
C4: ~4%
Waiting a clear breakout with volume.
QR will be releasing soon. Careful on QR Boom...
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
Jaks would the next big buy vol push it up to previous high 0.74MYX:JAKS Looking good for previous high 0.74 if there's next big buy vol
Support at 0.655
Jaks Major Support and Resistance ChartTechnical Analysis
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Jaks Losing MomentumFirst I always look at the chart first, identify which market structure we are in?
Personally, I look at Jaks now currently breaking below EMA 20, while hovering around EMA 70, if broken it will head to around MYR 0.56 Support area.
Myr 0.56 Support area for Jaks will be a lower downside risks investment. Currently not suitable for entry while we continue to monitor. Momentum indicator also indicating Jaks losing momentum, Signalling exit!
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices.
Kindly follow me more for value investing =) Lets keep learning together!
JAKS penampakan potensi reversal1. Melantun tepat di line biru pekat hma lag 50
2. dragon momentum ok
3. sniper ss ok.
4. SNR refer chart.
5. tayor
JAKS [2 December 2020] Buy On Dip in Support ZoneMYX:JAKS
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
JAKS MENUTUP GAPJAKS Berjaya menutup gap pertama, mengumpul momentum untuk menutup gap 2, Retrace sebelum bullish engulfing
(BUKAN BUYCALL) (TAYOR)
potential price movement for a mini buy positionThis company's stock price has been trading on the sideways for quite some time. Looking like a bearish bat formation on weekly time frame. when zooming into hourly timeframe, a buy opportunity on breakout of bullish flag pattern with stop loss below the lower border of the flag. Should present a risk reward ratio more than 1:1
TAYOR
JAKSMy long term view for this counter. Not intended to buy just because of almost solid body marubozu candle yesterday and trendline breakout. It is because price is in the middle of buy and sell zone. It can go up or down.
1. Going up tomorrow following momentum until max seller zone
2. Retrace until 50% level before going up.
3. Going down again until decision point.
If buy tomorrow make sure to exit at max level.. cheers. nothing to hide.
18 JUN KAUNTER PEMBINAAN Corporate Name : JAKS RESOURCES BERHAD
Symbol & Code : JAKS (4723)
Board : MAIN
Shariah : Shariah Compliant Compliant
Sector : Construction
Sub-Sector : Construction
SUPPORT DI 0.85
JAKS NEXT TPNEXT RESISTANT AFTER PULL BACK FOR A WHILE...
SELEPAS GAP TUTUP HARGA AKAN BERUNDUR SEKETIKA DAN SELEPAS ITU MEMBUAT PECUTAN KE RINTANGAN SETERUSNYA.
