Rakuten Trade Research Reports
Technical View - Johore Tin Bhd (JOHOTIN, 7167)
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Publish date: Wed, 11 Dec 2019, 10:43 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Johore Tin Bhd (7167)
• JOHOTIN rose 11 sen or 6.5% to RM1.81 yesterday.
• Share price continue to be supported by higher trading volume and is now trading above all leading moving averages. With the positive signal from key indicator and bullish state of MACD, we expect share price to trend higher.
• From here, immediate resistance levels are expected at RM1.85 (R1) and RM1.95 (R2).
• Conversely, support levels can be identified at RM1.70 (S1) and RM1.56 (S2).
Source: Rakuten Research - 11 Dec 2019
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