RHB Retail Research
Technical Analysis - Johore Tin
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Johore Tin may rebound higher after it continued holding above the MYR0.935 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR1.00 level, with an exit set below the MYR0.935 threshold. Towards the upside, the near-term resistance is at MYR1.08. This is followed by the MYR1.17 level.
Source: RHB Securities Research - 24 Jul 2018
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