CORRESPONDENCE COURSES
Japfa: Heading towards target… short term positive.. price 0.835
Author: Trading Impossible | Joey Choy
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Just last week, we spotted some bullish actions with Japfa attempting to break the key 0.80 resistance level…
Has been capped below that since 2017 and finally it managed to break free..
Hence some short term upside was expected towards 0.90 next… see what I mean..
Trend indicators were also look strong and pointing towards more upside then but just needed to wait for more confirmation…
Over the past few days, we managed to see it trying to push higher despite market weakness..
Forming higher highs with each passing day…
Some slight resistance at 0.85 for now, but target looks on tracked with that clearing too…
Target towards 0.900 may still be on the cards if that happens… still in watch list for now…
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