JAKS (4723) tried to breaks the descending triangle pattern on 9/12/2015 but failed to breaks above and closed @ MYR1.190 with higher than average traded volume.
JAKS Daily Chart
Should JAKS trades above the descending triangle in the coming trading days, the next target price it will be met is the new high of MYR1.24 and if this level is violated, the sky is the limit for JAKS.
Suggest to put a stop loss @ any price below the support level of MYR1.16.
KIMLUN (5171) made a 1 good bar with 1 good volume with surged in traded volume with the support level of MYR1.45 and resisted by MYR1.45 with the closing below that level @ MYR1.44 during the session ended.
KIMLUN Daily Chart
Should the resistance of MYR1.45 violated in the next trading days, the next profit targets to be looked at are MYR1.50 & MYR1.55 pivot level.
Suggest to set a cut loss @ any price below MYR1.37.
Good luck & Happy Trading!
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