• JTIASA gained 3.3% or 2.5 sen to RM0.785 yesterday.
• JTIASA has been gaining momentum based on price activities recently as key momentum indicator has bounced off from the oversold level of late. Should the buying interest persist, share price is likely to chart to higher level.
• From here, resistance levels are expected at RM0.81 (R1) and further to RM0.92 (R2).
• On the contrary, support levels are projected at RM0.74 (S1) and RM0.68 (S2).
Source: Rakuten Research - 10 Feb 2021
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