RHB Investment Research Reports
Trading Stocks - JCY International
rhbinvest
Publish date: Tue, 09 Jan 2024, 03:22 PM
rhbinvest
0 4,375
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
JCY International is expected to propel higher after it climbed above the MYR0.235 immediate resistance on strong trading volume – printing a “White Marubozu” bullish candlestick. If it manages to stay above that level, the positive momentum may accelerate towards the immediate resistance of MYR0.28, followed by the next resistance at MYR0.325. In the event it falls below the MYR0.21 support, this expectation would be cancelled.
Source: RHB Securities Research - 9 Jan 2024
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