jonshlim

JAKS Falling Wedge Pattern

MYX:JAKS   JAKS RESOURCES BERHAD
Very strong support at around 615~625 region and RSI is still heavily oversold even after strong technical rebound on last Friday. Need another bullish candle for short term trend reversal confirmation to upside which is high possibility. Overall on downtrend pattern since 30 March.

Resistance to break at 695 and 745.

Disclaimer: Trade at your own risk.

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