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JFTECH - trend is your friend

Long
MYX:JFTECH   JF TECHNOLOGY BHD
JFTECH might be very safe for mid term swinger.

The strong uptrend has began back in Nov 2019 before it was broken in Feb 2020 due to political situation (Sheraton Move), and MCO in March.

But right after the first day of MCO, it started climbing back until today!

However the uptrend was quite accelerated in the last few days starting 22 June when it first breaking all time high and keep going with new highs.

What is JFTECH?

"We engineer high performance test contacting solutions for the semiconductor industry to validate IC devices that go into smartphones, wearable electronics, automotive, solid state storage, military, internet of things, medical and electronic appliances."

So it is the manufacturer for of testing device to validate integrated circuit used by wide range of technology players as above.

Let's use NASDAQ as the benchmark, and see how much JFTECH relate to NASDAQ trend.


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