Jaya Holding – breakout from consolidation and BULLISH!

Facebooktwittergoogle_plusredditmail

Jaya Holding breakout from consolidation today after one month with a closing marubozu candle. All Standard Six Technical indicators show bullish convergence.

  • Stock price above 20D, 50D and 200D MA.
  • Stock price above Parabolic SAR line
  • Stock price at the upper Bollinger Band.
  • MACD blue line cross red line at upper half.
  • RSI on up trend
  • Stochastic Blue over Red lines on up trend.

Immediate resistance is at $0.51 and next resistance is $0.635 (161.8% Fibonacci).

Facebooktwittergoogle_plusredditmail

Leave a Reply

Your email address will not be published. Required fields are marked *