Jaks Losing Momentum
First 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!
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!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.