Rakuten Trade Research Reports
Technical View - Jaya Tiasa Holdings Bhd (JTIASA, 4383)
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Publish date: Fri, 07 May 2021, 12:22 PM
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To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Jaya Tiasa Holdings Bhd (JTIASA, 4383)
- JTIASA closed 7.8% or 6 sen higher to RM0.83 yesterday.
- JTIASA formed a breakout from sideways trading with formation of higher lows structure, suggesting resumption of buying momentum. Along with positive reading from key indicators, buying interest is set to persist.
- Resistance levels are at RM0.865 (R1) and further to RM0.910 (R2).
- For the downside, support levels are expected at RM0.77 (R1) and next at RM0.735 (S2).
Source: Rakuten Research - 7 May 2021
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