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).