Monday, January 30, 2012


JLJ: Technical Buy Call from CIMB. House see a lot of positives at current levels. Prices appear to have found a bottom after flattening out since September last year.

The technical landscape is beginning to look appealing with both its weekly MACD and RSI sporting bullish divergences. Aggressive buyers should get in to buy now with a stop below $0.075. Expect prices to rally towards its moving averages around the $0.109 levels followed by retesting the next resistance at $0.14.

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