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Author: rakutentrade   |   Latest post: Thu, 5 Dec 2019, 9:25 AM

 

Technical View - Johore Tin Bhd (JOHOTIN, 7167)

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Johore Tin Bhd (7167)

• JOHOTIN gained 7 sen or 4.7% to RM1.54 yesterday.

• Chart wise, yesterday’s uptrend sent the share price to break out to higher level supported by rising trading volume. With the share price trading above all key moving averages, we believe there is further potential upside.

• As such, resistance levels are expected at RM1.60 (R1) and further to RM1.66 (R2).

• On the contrary, support levels can be seen at RM1.47 (S1) and RM1.41 (S2).

Source: Rakuten Research - 14 Nov 2019

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Labels: JOHOTIN

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Chart Stock Name Last Change Volume 
JOHOTIN 1.75 +0.01 (0.57%) 1,875,500 

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