Technical Pulse - 12 October
$Jumbo(42R.SI) - BULLISH
In the near term, price might face some rejection off the 0.600 resistance area and 200 day moving average first before turning back into the new uptrend to test the 0.650 resistance area.

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$Jumbo(42R) Jumbo Group Ltd – Chili Crab has started taking orders ( Phillip Research Team )
Recommendation : Subscribe
IPO price: S$0.25
• Valuation seems attractive, as compared to its peers
• Strong support from cornerstone investors
• Given its strong free cash flow with net cash on hand, Subscribe

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