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JAKS RESOURCES BERHAD
Updated

JAKS attempting to break

270
-JAKS trapped between EMA50 & EMA200
+10 days Price consolidation within continuous chart pattern.
+Another volume buildup today and managed to stay above EMA20 and EMA50.
+ATOM squeezing with 3rd breakout attempt.
+FiFT +ve

Plan: Further buy when breakout above 1.08
SL below 0.96




Note
-JAKS retest 1.08 but fail to break out
-forming double top in lower timeframe chart.
- Still trapped between EMA50 & EMA200
= ATOM back to neutral

Wait... and wait...
Note
Breakout.
Note
+4.7%
Strong breakout with volume. Break away from EMA200 and EMA50

ATOM Buy appear.
target 1.18, 1.3, 1.5
Note
+2.7%.
Almost hit 1.18 TP1
Continue to hold.
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
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Chart PatternsTechnical IndicatorsTrend Analysis
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Also on:

Related publications

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.