JAKS: Bullish Breakout

26th February 2019 Off By binary
JAKS: Bullish Breakout
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JAKS had a long decline after it peaked at RM1.80 in February 2018. It dropped to a low of RM0.40 in December 2018. Last Friday it broke above its downtrend line at RM0.60-0.61. With this bullish breakout, JAKS could begin its recovery. A good level for entry is around RM0.60-0.61. 

Chart: JAKS’s daily chart as at Feb 25, 2019_2.50pm (Source: Malaysiastock.biz)

Note:
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