RHB Retail Research
Technical Analysis - JCY International
JCY International
JCY International has continued to remain above the MYR0.275 support in its recent trades, indicating a positive sign. As the stock rose above the 21-day SMA line, this has enhanced the buying momentum. A bullish bias may appear above the MYR0.275 level, with an exit set below the MYR0.275 threshold. Towards the upside, the near-term resistance is at MYR0.33. This is followed by the MYR0.35 level.
Source: RHB Securities Research - 11 Jun 2018
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