Jaya Holding - breakout from consolidation and BULLISH!

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).