Stock: JGS
Company: JG Summit Holdings Inc.
Support: 67.90 / 65.00
Resistance: 74.00 / 78.47


Trading within uptrend channel as it consolidates the range of 65.00-74.00 level forming a higher low with a potential to exhibit a bullish pattern of ascending triangle.

If momentum persist and if JGS will be able to hold the 70.00 level, this may confirm its bullish pattern.

  • Ascending triangle
  • Consolidating

Recommendation

Trading buy with a stop loss level if falls below 62.00.

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