RHB Investment Research Reports

Trading Stocks - Jaya Tiasa

rhbinvest
Publish date: Fri, 29 Nov 2024, 12:20 PM
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Tiasa is eyeing to extend the bullish trajectory after breaking past the resistance on high volume. The counter has charted a long white candlestick and closed above the MYR1.25 resistance, showing strong bullish momentum is in play. Riding on the momentum, the stock should continue the upside movement towards MYR1.35, followed by the MYR1.45 level. On the downside, falling below the MYR1.15 support will resume the correction phase.

Source: RHB Securities Research - 29 Nov 2024

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