Johore Tin jumped and tested the RM1.60 resistance level. With its RSI indicator pointing upwards, coupled with higher trading volume, we see that there is a possibility it will experience a technical breakout. If this happens, expect it to travel towards the short-term target prices of RM1.66 and RM1.72. The downside support is anticipated at RM1.49, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM1.60 
Target: RM1.66, RM1.72 (time frame: 2-4 weeks)
Exit: RM1.49

Source: AmInvest Research - 3 Sept 2020