Stock Watch: JAYCORP (7152), KERJAYA (7161)




Stock Watch: JAYCORP, KERJAYA (Disclaimer: This is not a buy or sell call. Stock watch only serves as updates on selected stocks)

  • JAYCORP
            Technically, JAYCORP is trying to break the RM1.09 resistance for the 3rd time. Based on the chart, MACD has returned and stayed above positive region with RSI slightly above overbought region. Following the opening of Bollinger band, 20MA has also just crossed 200MA. Readers are advised to monitor JAYCORP price movement these few days. Potential entry can be found between RM1.05~RM1.09 with immediate support at RM0.995, 1st resistance at RM1.09 and 2nd resistance at RM1.14.
jaycorp

  • KERJAYA
Technically, KERJAYA is trending upwards. Based on the chart, MACD is positive and about to cross with RSI at 50%. Readers are advised to monitor KERJAYA price movement. Potential entry can be found between RM1.98~RM2.05. Support can be found at RM1.98 with all-time high resistance at RM2.08. KERJAYA price is likely to retrace and touch the up-trending line before moving further upwards.
kerjaya

Stock Watch: JAYCORP (7152), KERJAYA (7161)
http://www.investforlife.com.my/stock-watch-jaycorp-kerjaya/