Johore Tin broke past the resistance price of RM1.44 in the latest session. With the momentum indicator RSI above 60%, it may continue to move towards the target price of RM1.54 followed by RM1.63. If it dips below RM1.44, expect a sideway consolidation. Support is anticipated at RM1.35, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM1.44
Target: RM1.54, RM1.63 (time frame: 3-6 weeks)
Exit: RM1.35

Source: AmInvest Research - 1 Nov 2019