JAKS RESOURCES BERHAD
Long

JAKS - Reversal or Technical Rebound ?

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JAKS - Recurring income speculative fundamental stock. After hitting a 52-Week high, strong selling pressure emerged after further boost from bad quarter reports. But investors of JAKS only choose this stock for its potential as a blackhorse due to their JHDP Vietnam Power Plant. Strong volume rebound after heavy selling, trend reversal or just a technical rebound?

Points of interest :

R1 : 0.685
R2 : 0.760
R3 : 0.810

S1 : 0.600
S2 : 0.550

Fundamental View :
klse.i3investor.com/blogs/Jaks_A_Bright_Future_Ahead/2020-12-01-story-h1537354845-JAKS_A_Great_Long_Term_Choice.jsp

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