Perusahaan Sadur Timah Malaysia

Perusahaan Sadur Timah (PERSTIMA) may climb higher after posting a long white candle and leaving an upside gap. This close has sent the stock to its highest close in nearly four months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR4.00 level, with an exit set below the MYR3.50 level. Towards the upside, the immediate resistance is at MYR4.46. This is followed by the MYR5.00 level.

Source: RHB Securities Research - 4 Jun 2018