Monday 22 February 2016

Breakout Stocks To Watch - JAKS (4723), MRCB (1651) & SCOMI (7158)

JAKS Daily Chart

JAKS (4723) made a breakout of resistance level of MYR1.07 & MYR1.09 accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate target to look at is the Fibo 61.8% or MYR1.18.


MRCB Daily Chart

MRCB (1651) made a breakout of resistance level of MYR1.18 as well as the downtrend line accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate target to look at is MYR1.32.

SCOMI Daily Chart

SCOMI (7158) made a breakout of resistance level of MYR0.16 as well as the downtrend line accompanied with higher than average traded volume and Bollinger Band opened wider during the latest session.

Immediate targetS to look at are MYR0.205 & MYR0.215.


Good luck and happy trading!



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