JCY’s decline should continue after early September’s heavy trading failed to stem the decline. A trader can liquidate on a close below RM0.95, with supports expected at RM0.86 and RM0.80. A sustained close above RM1.00 could bring a rebound, but the stock will only gain traction on a close above RM1.07. Resistance is at May’s low of RM1.30.
Source: OSK
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