Jadason

Hi. As promise, this is the current chart for Jadason. It is currently trading at 0.215~0.22 which is at it support level. Resistance will be at 0.245 and 0.285. Technically speaking, it should be moving up soon as the positive divergence is formed. Stochastics and RSI are showing sign of reversal as well.

But still need to watch out for the general market and the recent selling, I think the selling volume is quite huge. Will try to find out the reason behind it. It is no advisable to buy this stock for the time being, unless the market has rebounced and MACD has crossover above the zero centerline.

Jadason

Jadason closed at 0.28 today. MACD is crossing over and is above zero centerline, RSI and Stochastics is moving up as well. Strong buying today.... 10,835 lots were bought and only 1,682 lots were sold. Enter at 0.28 today, will see how it goes tomorrow.