Bjasset...Breakout From Resistance Level
Bjasset, own most of the commercial assets witin the Bjcorp. The most valuable asset is Berjaya Times Square. With the economy is recovering post MCO, it is definately good for Bjasset.
From chart below, the stock has been on uptrend since hit the low of 0.24. It hit the high of 0.465 alst yr then pullback for a minor correction and finished at 0.30. The new uptrend began and face the short term resistance of 0.40. After several rounds of knocking this resistance, this morning finally breakthrough it with big volume. The immediate target will be the last high of 0.465. The target of current uptrend likely to face huge resistance around 0.70.